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Taobao is a Chinese online shopping platform. It is headquartered in Hangzhou and is owned by Alibaba. According to Alexa rank, it was the eighth most-visited website globally in 2021. [ 3 ] Taobao.com was registered on April 21, 2003 [ 4 ] by Alibaba Cloud Computing (Beijing) Co., Ltd. Taobao Marketplace facilitates consumer-to-consumer retail ...
In February 2002, eBay acquired iBazar, a French online auction site founded in 1998, for approximately $112 million in stock. [17] [6] eBay entered the Chinese market in 2002 and shut down its Chinese site in 2007 due to competition from local rival Taobao. [18] [19] In February 2002, eBay exited Japan due to competition from Yahoo!
rakuten.com. Rakuten Group, Inc.[ a ] (楽天グループ株式会社, Rakuten Gurūpu kabushikigaisha, pronounced [ɾakɯ̥teɴ], lit.'Optimism') is a Japanese technology conglomerate based in Tokyo, founded by Hiroshi Mikitani in 1997. Centered around the online retail marketplace Rakuten Ichiba, its businesses include financial services ...
In May 2010, Buy.com was acquired by Rakuten, Inc., the largest e-commerce retailer in Japan, [3] [15] for $250 million in cash. [16] [17] This was considered Rakuten's attempt to enter the American e-retail market, [16] and to compete globally with e-commerce competitors such as Amazon.com and eBay. [3]
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Mercari, Inc. (TYO: 4385) is a Japanese e-commerce company founded in 2013. [1] Their main product, the Mercari marketplace app, was first launched in Japan in July 2013, and has since grown to become Japan's largest community-powered marketplace with over JPY 10 billion in transactions carried out on the platform each month.
Alibaba Group Holding Limited, branded as Alibaba (/ ˌæliˈbɑːbə, ˌɑː -/), is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology. Founded on 28 June 1999 [ 1 ] in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business ...
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