Tag: Taobao (淘宝)


Taobao sells two jumbo jets

Taobao sells two jumbo jets

Market watcher have long speculated when and if China’s leading c-to-c marketplace, Taobao (淘宝), operated by Alibaba Group Holding Ltd. (NYSE: BABA), would make the jump into listing used autos. Few predicted that they would turn to the used jet aircraft marketplace first. 

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Xianyu promises fast cash for used electronics

Xianyu promises fast cash for used electronics

Xianyu users can now immediately convert their used electronic goods into electronic cash on these platforms. The function - which is only available to Sesame Credit users with more than 600 credit points on their account - allows Xianyu users to convert their used electronics into cash on their Alipay account without needing to list and sell the goods.

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Taobao doubles down on rental model

Taobao doubles down on rental model

Alibaba’s c-to-c and SME-to-c transaction platform Taobao (淘宝), and its sister app, the mobile used goods transaction platform Xianyu (闲鱼), are offering Chinese consumers even more flexible ways to acquire used and new goods. 

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Baixing invests in video content producer

Baixing (百姓网), a leading classifieds site in China, played the role of angel investor when it pumped 5 million RMB ($750,000 U.S.) into the 4-month-old content producer Chengse Haiyang (橙色海洋). It appears Baixing may be interested in pursuing high-end video content for its platform via a close working relationship with Chengse Haiyang.

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Xianyu tightens identity, security controls

Xianyu tightens identity, security controls

Xianyu (闲鱼), a mobile used goods transaction platform and local social network, will institute real-name registration and other high-tech identity verification tools this week, the company announced. 

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Xianyu tightens identity, security controls

Xianyu tightens identity, security controls

Xianyu (闲鱼), a mobile used goods transaction platform and local social network, will institute real-name registration and other high-tech identity verification tools this week, the company announced. 

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Baidu’s deal with Ele.me is good news for Alibaba

Alibaba Group Holdings Ltd. (阿里巴巴, NYSE: BABA), the operator of China’s largest c-to-c (and SME-to-c) transaction platform Taobao (淘宝) and the used goods transaction platform (and social network) Xianyu (闲鱼), has engineered a major deal Ele.me (饿了么) - a food delivery business that had already amassed some 260 million users (in 2000 cities) by the time that Alibaba stepped in with a 1 billion RMB investment in May. 

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In strong quarter for Alibaba, Taobao in flux

In strong quarter for Alibaba, Taobao in flux

China’s retail, entertainment and cloud computing leviathan Alibaba Group Holding Ltd. (阿里巴巴集团, NYSE: BABA) has reported its Q1 2018 results. They show a strong start to FY2018, particularly in the business of retail. The Hangzhou-based company is touting transformations in its ageing Taobao platform as a driver of this.                                                                                                                                 

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