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Chinese language e-commerce large Alibaba Group Holding is doubling down and escalating its neighborhood group shopping for operations by means of a brand new model referred to as Taocaicai, as competitors on this rising retail market phase intensifies amid Beijing’s tightened regulation.Shoppers can entry Taocaicai, the place they will discover greater than 1 million merchandise from around the globe, on the homepage of buying platform Taobao Market and the Taobao Offers’ app.“Taocaicai is for a greater life, offering individuals with…
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Alibaba consolidates community group buying operations under new Taocaicai brand
