Monday, July 10, 2006

China's eBay Rival Opens Real Shopping Mall


"Taobao, China's main competitor to eBay, is about to open a real shopping mall, according to Chinese media reports.

'TaoBao City' will contain 300 shops and is expected to open in August, its operators told the Chongqing Business Times."

"Taobao's motive for backing the mall is part of an experiment to break down the barriers that keep many people away from internet shopping, the newspaper said, without naming its sources at Taobao."


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