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Tuesday, February 3, 2009

Taobao Exceeds RMB 300M in Avg Daily Holiday Sales

Tuesday, February 3, 2009
Average daily transaction volume on Alibaba Group's consumer-focused e-commerce site Taobao.com exceeded RMB 300 million between January 10 and 30, reports Chongqing Morning Post. Daily transaction volume peaked at RMB 460 million during the period, which included the 7-day Chinese New Year holiday. Taobao.com booked annual transaction volume of RMB 99.96 billion in 2008.

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