SubscribeTaobao Transaction Volume Tripled in First Half of 2007
This post is written by Yanqing Chen and edited by Tangos Chan
Taobao, the leader in Chinese C2C market, released a report on shopping at Taobao in the first half of 2007. Since Taobao has gained about 72% market share in first quarter of 2007, according to iResearch, Taobao’s report would help us to know the [...]
News Roundup: Video, Online Music, Team Purchase and Top Searches of 2006
Chinese video sharing market is so hot: Recently, two video sharing service announced to secure funding. Yoqoo, established by former Sohu President Victor Koo in June, has raised raised $12 million from Sutter Hill Ventures, Farallon Capital and Chengwei Ventures, and Tvix.cn is said to get $20 million funding from several undisclosed investors. There was [...]
Taobao Closed Keywords Bid Ranking System
One month after Taobao released its Zhaocaijinbao service(招财进宝), an auction-based, pay-for-performance searching keywords ranking service, today it has to cancel it under the pressure of users.
The result of the vote showed that about 60% respondents(127,872 users) voted against Zhaocaijinbao service, so Taobao decided to terminate the service on June 12, and all the payment [...]
Taobao May Cancel Zhaocaijinbao Service
As I reported early, Taobao, the leader in Chinese C2C market, introduced a new service called Zhaocaijinbao to take advantage of keywords auction business model of search engine. However, less than a month later, Taobao may have to cancel the service.
Since the service favors big sellers than small ones, many sellers made an alliance to [...]
Taobao Uses Search Engine’s Model In C2C Service
While eBay enjoys its position in US, it is losing market share quickly in China and is beaten by its Chinese rival Taobao, an Alibaba company, Google Trends can also approve it. Last week, Taobao announced a new feature for its users, the initiative intends to generate revenue from its free C2C platform.
The news [...]