Monday, February 20, 2006

Taobao Beats Ebay China in 2005 Transaction Volume


From Forbes:

"China online auction site Taobao.com, a branch of Alibaba.com, conducted transactions worth 9.7 bln yuan ($1.2 bln) last year, beating eBay China to become the country's leading online auction site, the China Daily reported.

The report cited a study from the China Internet Development Research Center (CIDRC), under the Chinese Academy of Social Sciences, as saying Taobao claimed 70 pct of China's customer-to-customer (C2C) market in terms of users last year, according to the report. "

Related:
eBayEachnet vs. Alibaba's Taobao.com - Latest Numbers
EBay China to Waive Transaction Fees amid Stiff Competition
eBay China to Provide Free Services for Cyber Shop Owners
China's C2C Market Size Doubled by Q3 2005; Taobao Likely to Surpass eBay in 2006

1 Comments:

At 2:10 AM, Anonymous Anonymous said...

Excellent Blog. Very informative. And very well organized.

Online Auctions are really looking up with more and more people
interested in buying and selling product online.

Keep it up. We need more such blogs which provide quality
information.

Thank you

 

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