Taobao.com is such a hot online shopping mall for young people in China. Everywhere we went, we heard about how prices are cheaper on Taobao, and how everything can be found on Taobao.com.
Sure enough, we tried our luck on Taobao.com and found a few items. Check out the black dress we bought here.
Curious as us, we did a bit research about Taobao.com and found:
Approximately 90% of online transactions in China are executed on Alibaba-owned Taobao, frequently described as the “eBay of China.”
According to a research did by Goldman Sache, Taobao will take over EBay to be the biggest online shopping website in the world by 2015.
2015 is fast approaching. Estimates and studies often get themselves wrong.The Mayas had their fair share about the end of the world in 2012. How will this 2015 prediction pan out? Let’s wait and see.
However, Taobao.com is sure very popular in China and growing strongly every year. How the game will be played out between Taobao and EBay? Very interesting.
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