Welcome to WebProNews Breaking eBusiness and Search News
Advertise | Newsletter | Sitemap | News Feeds News Feed 
 WebProNews Search Part of the iEntry network iEntry inc. 

Taobao.com Aims For B2C Sales In China

David A. Utter
Staff Writer
Published: 2006-05-10

WebProNews RSS Feed

The online consumer marketplace company belonging to Alibaba.com launched business-to-consumer sales and has deals in place with several major international brands.

Taobao's dominant hold on China's e-commerce business, with 67 percent of the market share in Beijing, Shanghai, and Guangzhou, could extend as the company extends into B2C sales.

That could prove to be a barrier to MSN's China aspirations and another blow to eBay's business in the country. Taobao.com's General Manager Toto Sun said in a statement his company has no fear of American businesses:

"While American B2C models have failed to succeed in China, Taobao's model will make B2C a reality in China. Because we are simply connecting large sellers to consumers, rather than taking possession of the goods and serving as a middleman, we are offering a solution that will benefit both manufacturers and consumers in China."

Taobao.com said companies it has deals with now include Motorola, Nokia, Haier, Aigo, Lining, Adidas, Giordano, and UT Starcom. They plan to add more in the future.

Yahoo invested $1 billion in Alibaba last year, and in turn sold Yahoo China to Alibaba. Since then, Alibaba has spent $750 million of that money as of two months ago, and possibly more of it at this time.

Judging by Taobao's entry into B2C, it is likely some of that investment found its way into laying the groundwork for that service.

Tags: ,

Add to | DiggThis | Yahoo! My Web | Furl It

Bookmark WebProNews -

Receive Our Daily Email of Breaking eBusiness News

About the Author:
David Utter is a staff writer for WebProNews covering technology and business.

WebProNews RSS Feed

More Top News Articles

Contact WebProNews


Targeted Information for Business
WebProNews is part of the iEntry network

Internet Business: Marketing: Small Business:
WebProNews MarketingNewz SmallBusinessNewz
WebProWorld AdvertisingDay PromoteNews
EcommNewz SalesNewz EntrepreneurNewz

Software: Search Engines: Web Design:
WebMasterFree Jayde B2B DesignNewz
NetworkingFiles SearchZA FlashNewz
SecurityConfig SearchNewz WebSiteNotes

Developer: IT Management: Security:
DevWebPro ITManagement SecurityProNews
DevNewz SysAdminNews SecurityConfig
TheDevWeb NetworkingFiles NetworkNewz

The iEntry Network consists of over 100 web publications reaching millions of Internet Professionals. Contact us to advertise.

 Advertise | Contact Us | Corporate | Newsletter | Sitemap | Submit an Article | News Feeds
 WebProNews is an iEntry, Inc. ® publication - $line) { echo $line ; } ?> All Rights Reserved
About WebProNews
WebProNews is the number one source for eBusiness News. Over 5 million eBusiness professionals read WebProNews and other iEntry business and tech publications.

WebProNews provides real-time coverage of internet business.

Free Email Newsletters:
WebProNews SearchNewz
WebProWorld DevWebPro
Marketing SecurityNews
Plus over 100 other newsletters!

Send me relevant info on products and services.

Ten most recent posts.

Featured Software

WebProNews in the News
View all recent mentions of WebProNews from around the world!

Recent Articles On ...
Google eBusiness
Yahoo Ask Jeeves
MSN Blogs
Search Engines Blogging
Affiliate Programs Marketing
eCommerce Advertising
eBay Sun Microsystems
AOL Adsense
Microsoft Adwords
Oracle IBM
Amazon Apple
SEO iPod
Adsense XBox
PR Adobe

iEntry.com WebProWorld RSS Feed WebProWorld Contact WebProNews Print Version Email a friend Bookmark us