Taobao Established Shopping from Home with Online Shopping

Question 1 History In 2003 Taobao was established by Ma Yun, a man with wildest ambition in ecommerce and also the founder of Alibaba. Taobao, is the biggest network retailer marketplace in Asia. It is a Chinese language website for online shopping, similar to eBay and Amazon. Currently, Taobao marketplace focus on C2C (Consumer to Consumer) and B2C (Business to Consumer). With around 760 million product listings as of March 2013, Taobao Marketplace is one of the world’s top 20 most visited websites according to Alexa. The combined gross merchandise volume (GMV) of Taobao Marketplace and Tmall.com exceeded RMB1 trillion in the end of 31 March 2013. Introduction Online shopping is a form of electronic commerce which provides the way consumers go shopping and purchase services and goods with reasonable price on the Internet. For some consumers, shopping and purchasing online have become part of their daily lives, while others may not even care about it. Taobao online shopping system has provide consumers to directly buy goods or services from a seller over the internet using a web browser. Users can shop from your home comfort. They not need to go to crowd supermarket or shopping mall to buy their necessity items. Items can be get from online shopping include cars, books, apparel, jewelers, baby care, gifts, tools, etc. Besides that, user can shop from foreign countries with a few clicks. Furthermore, online shopping system could make yourShow MoreRelatedSwot of Taobao664 Words   |  3 PagesBusiness: Taobao online trading platform Strengths: 1. The leading individual trading online platform in Asia provided B2C and C2C e-commerce business model. 2. Create (Lead) a convenient and easy online shopping channel for consumer without using traditional retail channels. 3. Connect with a reliable payment method and online trading amp; paying system (Alipayæ” ¯Ã¤ »ËœÃ¥ ¯ ¶) 4. 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