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Alibaba invests $732 million in Taobao

Started by Duncan Riley · 9 months ago

Alibaba Group of China is investing $732 million in Taobao, China’s largest consumer e-commerce company. The move should cement Taobao as the shopping destination of choice for Chinese consumers.
Taobao has created an e-commerce ecosystem consisting of 80 million users, over 1 mi ... Continue reading »

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