Posts Tagged ‘Internet auction’
E-Commerce Fraud Forces Alibaba To Replace Internet Executives In China
February 22nd, 2011
The chief executive officer and chief operating officer of Chinese e-commerce behemoth Alibaba.com Limited have resigned after the company admitted that about 100 of its own sales people were involved in allowing fraudulent storefronts on its international online marketplace. Alibaba said that members of its senior management knew of a noticeable increase of fraud claims […]
Taobao.com Launches E-commerce Rights Protection Platform
March 11th, 2010
Chinese online auction website Taobao.com has launched an e-commerce rights protection platform with the approach of March 15, World Consumer Rights Day.
Consumers can click to access the platform which is set in a prominent position of Taobao’s homepage to make complaints or inquiries about the processing of the complaints when they purchase goods via Taobao. […]
Chinese Internet Shopping Security Alliance To Be Established
December 10th, 2009
Chinese anti-virus solution provider Kingsoft says it will join hands with e-commerce service provider Taobao.com, […]
China Punishes 6330 Phishing Websites
October 9th, 2009
According to Anti-Phishing Alliance of China, as of August 31, 2009, APAC had dealt with up to 6330 online phishing websites in recent months.
APAC mainly focused on two types of phishing websites: fake lucky-draw websites that imitate such famous companies as CCTV and Tencent, and websites that mock webpages of online payment service providers like […]
Taobao.com Sentenced For Pirated Internet Sales In China
July 7th, 2009
Beijing Dongcheng District People’s Court has sentenced Chinese online auction website Taobao.com and a Chinese seller surnamed Yang to pay CNY2000 in compensation to China Friendship Publishing Company for the sale of a pirated book on Taobao.
In its petition, CFPC claimed that it was the exclusive owner of the copyright of the book “Daomu Biji […]
Taobao.com Accused Of Violating Chinese Consumers’ Internet Rights
March 19th, 2009
Wang Hai, China’s famous consumer rights advocate, has submitted to a 3000-word report to both the Zhejiang Provincial Department for Industry and Commerce and the Consumer Rights and Interests Protection Department of China’s State Administration for Industry and Commerce, accusing Chinese online auction website Taobao.com of infringing on consumers’ rights.
In his report, Wang listed five […]
Taobao.com Trade Value Reached CNY99.96 Billion In 2008
January 15th, 2009
Chinese Internet auction and e-commerce website Taobao.com has announced that its trade value in 2008 reached CNY99.96 billion, making it one of the largest comprehensive shopping platforms in China.
China’s E-commerce Scale Increased 20% In 2008
January 7th, 2009
The market research company IDC has published a white paper about China’s e-commerce industry, and it states the trade volume of China’s e-commerce increased by about 20% in the year 2008, forming a big contrast with the macroeconomic downturn.
Taobao.com Invest CNY1.36 Billion To Build Taobao City In Hangzhou
January 6th, 2009
Chinese online auction website Taobao.com has started construction of its new headquarters, Taobao City in the Yuhang district of Hangzhou, and the project will cost about CNY1.36 billion. Taobao City is planned as the new office building of Taobao.com, which is a subsidiary of Chinese e-commerce company Alibaba. The construction of the Taobao City will […]
Alipay Starts Collecting Service Fees In China
December 26th, 2008
Chinese third-party Internet payment platform Alipay has announced that it will start to collect a certain proportion of service charges from users with large-scale trading and the new policy will take effect from January 1, 2009.