China's biggest Online shop - bigger than Amazon and growing fast

07 February 2011

China's biggest Online shop - bigger than Amazon and growing fast

Taobao is China's biggest online shopping platform with more online sales in 2010 than Amazon, 370 million users and an estimated value of US$20 billion should it seek an IPO later this year.

Owned by Alibaba owner and e-commerce visionary Jack Ma, Taobao is revolutionising the way Chinese consumers buy online and could, in less than a decade, be larger than shopping behometh Walmart.

For more on the extraordinary growth of Taobao please read the following:

Download China's Biggest Online Shop - and it's bigger than Amazon

Posted on 07 February 2011 at 06:24 in Advertising, Alibaba, CBI China, E-Commerce, Internet, Netizen | Permalink

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China Direct

07 February 2011