Tag: alibaba


Taobao launches Lu Ke short video app

Taobao launches Lu Ke short video app

Taobao, the c-to-c and b-to-c e-commerce platform from China’s Alibaba Group Holding (NYSE: BABA) is making a move into short video. It's launched its own, stand-alone app aimed at letting users show off their goods on the consumer-to-consumer platform.


Transactions up 300 percent for Onmmc.com

Transactions up 300 percent for Onmmc.com

Onmmc.com, a Chinese b-to-c used auto services provider, has shown remarkable growth in 2018. According to figures released by the company today, its transaction volume has been growing at 300 percent for the first half of the year to date. 

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Facebook takes step into China with subsidiary

U.S. social media giant Facebook (NASDAQ: FB) has made a move toward breaking into the China market by setting up a subsidiary in Hangzhou --- also home to e-commerce giant Alibaba Group Holdings Ltd. (NYSE: BABA) --- with a registered capital of $30 million U.S., according to China’s National Enterprise Credit Information Publicity System.

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