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All posts tagged "Taobao"

  • China’s Taobao and Tmall hit $158bn in sales for 2012 so far

    China’s largest ecommerce company Alibaba has just announced that two of its sites, Taobao and Tmall, have collectively hit RMB 1-trillion (US$159.5-billion) in sales for the whole of 2012. Well, from January to the end of November. That huge figure has been hit one month before the end of the year, reached on the night of November 30th. When we heard Alibaba CEO and founder Jack Ma talk in September of last year at the company’s annual conference, he said he was aiming for “one trillion RMB in transactions” in China in 2012 on Tmall and Taobao. So he’s now...

  • Millions of Chinese vent online over Beijing smog

    Millions of Beijing residents are going online to vent their anger over thick smog that has blanketed the Chinese capital in recent days. Conditions in the already polluted city have become so bad that hundreds of flights in and out of Beijing’s main airport -- the world’s second busiest -- have been cancelled. Health fears have been raised with the US embassy ranking Beijing's air as "very unhealthy". China’s popular microblogging platforms,...

  • Alibaba to help Japan crack Chinese market

    Chinese e-commerce giant Alibaba says it has launched a service to help Japanese manufacturers crack the fast-growing Chinese market. The Tokyo-based arm of Alibaba.com said the new service ˜ which uses Taobao, China's largest retail website — would help Japanese consumer goods makers cut through red tape. "High-quality Japanese products are popular on the Taobao site, so we have been receiving requests from users to directly buy the products from Japanese firms," said Taobao CEO, Jonathan Lu. Alibaba.com Japan president Makoto Koyama said: "It is indispensable for Japanese firms to capitalise on brisk demand in China and other emerging economies to...