Retail and Dropship. China.

Buy cheap in store. TAOBAO.com

TAOBAO

Taobao (simplified Chinese: 淘宝网; traditional Chinese: 淘寶網; pinyin: Táobǎowǎng) is a Chinese-language web site for online auction and online shopping, similar to eBay, operated in the People's Republic of China by Alibaba Group.

Founded by Alibaba Group in May 2003, it facilitates business-to-consumer and consumer-to-consumer retail by providing a platform for businesses and individual entrepreneurs to open online retail stores that cater to consumers in mainland China, Hong Kong, Macau, Taiwan and overseas.^[1]

Sellers are able to post new and used goods for sale on the Taobao marketplace either through a fixed price or by auction. The overwhelming majority of the products on Taobao are brand new merchandise sold at a fixed price; auctions make up a very small percentage of transactions.

Payment platform

Alipay, an escrow-based online payment platform, is the preferred payment solution for transactions on Taobao.

Taobao reported more than 370 million registered users as of the end of 2010 and currently hosts more than 800 million product listings. In January 2011, Taobao ranked 13th overall in Alexa's internet rankings.

From Wikipedia, the free encyclopedia