User:Shenhaozhou/sandbox
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Taobao marketplace (simplified Chinese: 淘宝网; traditional Chinese: 淘寶網; pinyin: Táobǎo Wǎng) is a website for online shopping in Chinese language , similar to eBay and Amazon,[1] operated in the People's Republic of China by Alibaba Group.
This is the user sandbox of Shenhaozhou. A user sandbox is a subpage of the user's user page. It serves as a testing spot and page development space for the user and is not an encyclopedia article. Create or edit your own sandbox here. Other sandboxes: Main sandbox | Template sandbox Finished writing a draft article? Are you ready to request review of it by an experienced editor for possible inclusion in Wikipedia? Submit your draft for review! |
This article may require copy editing for grammar and tone. (February 2013) |
Type of site | C2C and E-commerce |
---|---|
Available in | Chinese |
Owner | Alibaba Group |
URL | www.taobao.com |
Commercial | Yes |
Launched | May 2003; 21 years ago (2003-05) |
Current status | active |
Founded by Alibaba Group in May 10, 2003, Taobao marketplace facilitates consumer-to-consumer (C2C) retail by providing a platform for small businesses and individual entrepreneurs to open online retail stores that mainly cater to consumers in mainland China, Hong Kong, Macau and Taiwan.[2]
Of around 760 million product listings as of March 2013, Taobao marketplace is one of the world’s top 20 most visited websites according to Alexa. [3] For the year ended March 31, 2013, the combined gross merchandise volume (GMV) of Taobao Marketplace and Tmall.com exceeded 1 trillion yuan.[4]
Sellers are able to post new and used goods for sale or resale on the Taobao marketplace either through a fixed price or by auction. The overwhelming majority of the products on Taobao marketplace are brand new merchandise sold at a fixed price, while auctions merely make up a very small percentage of transactions. Buyers can assess seller backgrounds by information available on the site, including ratings, comments and complaints.