A few days ago, i have read this article from TheStar Online.This article is about a China Online Shopping Website, Taobao.com. It has captured 75% of China online retail market since three years ago and has over 62 million registered members nowadays.
Consumers can buy a lot of things like clothes, accessories, tickets, lotteries, furniture, digital cameras, software, computers, mobile phones, skin cares, cosmetics, electric appliances. I also found that the products are comes from overseas such as UK, US, Japan, France, Canada, Australia, Taiwan, the country itself and so on. Based on the article, the buyers can return the effective product to exchange and also can obtain the receipts from the seller and the corporate for the products.
Taobao created 570,000 jobs last year based to an iResearch survey in China.The result shows that 19% of the jobs in Shanghai, the international gateway to China. More than 50% of the individual sellers on Taobao are aged between 23 and 32. The majority are fresh graduates. The result also shows 44% of the sellers earn between 1,000 yuan and 2,000 yuan a month; 4% between 4,000 yuan and 5,000 yuan, and 2% more than 6,000 yuan a month.
Reference:
Chow How Ban, Online shoppers flock to the way of the Taobao.com, TheStar Online [Online] Retrieved 17th March, 2009.
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