Taobao.com Publishes Semi-annual Performance Report

China Tech News

Chinese online retail platform Taobao.com has published its performance report for the first half of 2009 and states it realized trading value of CNY80.9 billion, which is close to its CNY99.96 trading value during the entire year of 2008.

According to statistics provided by the National Bureau of Statistics of China, the country’s total retail sales in the first six months of 2009 were CNY5.871 trillion, which means the sales realized via Taobao.com accounted for 1.4% of the total retail sales of China, an increase of 0.4% compared with that at the end of 2008.

By June 30, 2009, Taobao.com had gained 145 million registered members, accounting for 43% of total netizens in China…

READ MORE

This entry was posted in news. Bookmark the permalink.

Share 'Taobao.com Publishes Semi-annual Performance Report' on Facebook

Share 'Taobao.com Publishes Semi-annual Performance Report' on LinkedIn

Share 'Taobao.com Publishes Semi-annual Performance Report' on Twitter

Did you like this post?

Subscribe to The China Observer blog via Feedburner RSS.

http://feeds.feedburner.com/TheChinaObserver

All you need to do is copy and paste the above link into your RSS reader (ex: Google Reader) and you will receive the latest observations from China the second they are published online. Thank you for reading The China Observer blog