Taobao | featured news

Boyfriend Rental Business in China - "Handshakes, hugs and goodbye kisses on the cheeks or forehead are free of charge."

Boyfriend Rental

Chinese Lunar New Year and Valentine's Day are only days apart this year, giving a boost to a new and booming business in China -- boyfriend rentals. Taobao, China's popular shopping website, says that online searches for the term "rental boyfriend" have soared by 884 percent over the same period last year. A search for the Chinese characters of "rent-a-boyfriend" on Taobao.com produces more than 2,000 results, at a range of prices.

 

Alibaba Targets Growth in Taobao

Alibaba Targets Growth in Taobao

Chinese e-commerce giant Alibaba Group Holding Ltd. is aiming to handle one trillion yuan ($157 billion) of transactions in 2012 on its Taobao consumer sales platforms, the company's Chairman Jack Ma said Saturday.

 

Alibaba Restructures Taobao Unit

Alibaba Group announced a major restructuring of its key Taobao unit, splitting the popular Chinese e-commerce platform into three separate companies focused on different market segments.

 

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