Date
20 October 2017

Taobao sets Dec 12 for discount bonanza, paper says

Taobao Marketplace, the country’s top customer-to-customer website, will offer discounts to online shoppers on Dec 12, a month after Alibaba Group Holding unit racked up a record 35 billion yuan (US$4.51 billion) in sales in its annual shopping bonanza, China Daily reported Monday, citing Alibaba. Small-scale merchants can leverage Taobao’s data analysis system to precisely advertise products and provide discounts, the report quote Taobao president Zhang Yu as saying. By downloading a Taobao marketing tool vendors can spot popular merchandise and offer discounts to entice consumers, the report said.

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