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In addition to hosting individuals and businesses, Taobao includes online stores for courts, customs offices, state-owned banks, and asset management companies selling distressed assets. [ 7 ] : 59 By early 2014, more than 500 local Chinese courts had established Taobao store fronts to sell seized property, including property which had been ...
JD.com, Inc., also known as Jingdong (Chinese: 京东; pinyin: Jīngdōng), formerly called 360buy, [4] is a Chinese e-commerce company headquartered in Beijing.It is one of the two massive B2C online retailers in China by transaction volume and revenue, and is a major competitor to Alibaba-run Tmall. [5]
The key difference between Tmall and Taobao is Tmall is a B2C platform but Taobao is C2C. [ 2 ] In November 2010, Taobao Mall launched an independent web domain, tmall.com, to differentiate listings by its merchants, who are either brand owners or authorized distributors, from Taobao's C2C merchants.
According to Zhang Yu, the director of Taobao, between 2011 and 2013, the number of stores on Taobao with annual sales under ¥100 thousand increased by 60%; the number of stores with sales between ¥10 thousand and ¥1 million increased by 30%, and the number of stores with sales over ¥1 million increased by 33%. [89]
Property maintenance for commercial properties includes major focus areas such as risk management, maintenance, communication, and tenant satisfaction. Usually a certain agreed percentage of the rent payment will be deducted on each rent payment collected by the property management as their service fee.
The property owner in this case signs a property management agreement with the company, giving the latter the right to let it out to new tenants and collect rent. The owners don't usually even know who the tenants are. The property management company usually keeps 10-15% of the rent amount and shares the rest with the property owner.
Taobao villages are rural Chinese villages where the local economy has developed to focus extensively on e-commerce via the Taobao platform. [1]: 112 Alibaba's research division defines Taobao villages as those in which (1) businesses are located in an administrative village in a rural area, (2) the village's annual e-commerce revenues exceed RMB 10 million, and (3) the village has either an ...
The company was initially established as an internal department of JD.com and its subsidiaries in 2007. [2]On 23 November 2016, the department became a stand-alone business with the name JD Logistics and began to conduct businesses for external customers, This was done as JD.com wanted to expand outside China and would need to expand its infrastructure.