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Taobao is a Chinese online shopping platform. It is headquartered in Hangzhou and is owned by Alibaba. According to Alexa rank, it was the eighth most-visited website globally in 2021. [3] Taobao.com was registered on April 21, 2003 [4] by Alibaba Cloud Computing (Beijing) Co., Ltd.
Taobao-Alibaba Group. A consumer lifestyle platform loved by Chinese consumers. Founded in 2003, Taobao means "search for treasures" and it aspires to provide consumers with a vast assortment of goods and services as the “Universal Taobao.”
It is also one of the biggest venture capital firms and investment corporations in the world, as well as the second largest financial services group behind Visa via its fintech arm Ant Group. The company hosts the largest B2B (Alibaba.com), C2C (Taobao), and B2C (Tmall) marketplaces in the world. [ 14 ]
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- Alibaba Diversity and Inclusiveness Transparency
Type of Business: Multi-Screen Entertainment and Media CompanyAcquisition Price: $1.1 billion for a 16.5% stake; $4.4 billion for the remaining stake.Acquisition Date: May 2014 (16.5% stake); April 2016 (remaining stake).Type of Business: Film CompanyAcquisition Price: $804 million (controlling stake)Acquisition Date: June 2014Type of Business: English-Language NewspaperAcquisition Price: $266 millionAcquisition Date: April 2016Type of Business: E-Commerce PlatformAcquisition Price: $1.0 billion (54% stake)Acquisition Date: April 12, 2016Type of Business: Department Store OperatorAcquisition Price: $692 million (initial investment); $2.6 billion (74% controlling stake)Acquisition Date: July 2014 (initial investment); Jan. 10, 2017 (74% controlling stake).Type of Business: HypermarketOperatorAcquisition Price: $2.9 billion (initial 36.2% stake);$3.6 billion (raises stake to 72%)Acquisition Date: Nov. 20, 2017 (initial 36.2% stake);Oct. 19, 2020 (raises stake to 72%)As part of our effort to improve the awareness of the importance of diversity in companies, we have highlighted the transparency of Alibaba’s commitment to diversity, inclusiveness, and social responsibility. The below chart illustrates how Alibaba reports the diversity of its management and workforce. This shows whether Alibabadiscloses data about...
Taobao was China’s largest digital retail platform in terms of GMV for the 12 months ended March 31, 2022, according to Analysys. Taobao is a business of Alibaba Group. Official Website. Launched in 2003, Taobao provides consumers from both large cities and less.
Sep 12, 2024 · Jack Ma (born September 10, 1964, Hangzhou, Zhejiang province, China) is a Chinese entrepreneur who was head of the Alibaba Group, which comprised several of China’s most popular websites, including the business-to-business marketplace Alibaba.com and the shopping site Taobao.com.
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Sep 11, 2024 · Alibaba co-founder and chair Jack Ma was the largest individual shareholder of the company for many years. In 2020, Ma relinquished much of his ownership stake in Alibaba at the urging of...
