Taobao says that it gives 30 billion yuan (US$4.27 billion) in subsidies to small and medium-sized merchants on the platform every year. (Picture: JD.com, Taobao and Pinduoduo)
China kicks off 12.12 shopping festival, the sequel to Singles’ Day
The less-celebrated sibling to Alibaba’s Singles’ Day shopping spree promotes small vendors
Topic |
E-commerce
Taobao says that it gives 30 billion yuan (US$4.27 billion) in subsidies to small and medium-sized merchants on the platform every year. (Picture: JD.com, Taobao and Pinduoduo)