Taobao Sales Recorded High and Launches Taobao Mall

Taobao, the dominating C2C platform in China owned by Alibaba Group, released its sales stats for Q1 of 2008, and launched an important new service, Taobao Mall.
According to Taobao, it recorded RMB 18.8 billion Yuan sales volume in 2008 Q1, an increase of 170% over RMB 7.0 billion Yuan for the same period of [...]


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