How Taobao bested Ebay in China – Financial Times
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How Taobao bested Ebay in China
Financial Times Taobao.com was founded in 2003 by Alibaba, the Chinese e-commerce company, as a defensive move against its US rival Ebay, which had set up in China the previous year. The challenge. When Ebay launched in China it had global revenues of more than $2bn. |
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