What is Taobao?What is Tmall?

 

 

 

What is Taobao?

One of the largest online trading platforms in Asia.

Taobao is a Chinese online shopping platform founded in 2003. It is an e-commerce platform that brings buyers and sellers together, where users can buy a variety of products, including clothing, household items, electronics, beauty products, and more. Taobao provides a convenient shopping environment that allows users to easily purchase a wide range of products from the comfort of their homes. Its features include a diverse range of products and affordable prices. Taobao dominates the e-commerce market in China and has gradually expanded its business globally.

 

As of 2021, Taobao has over 900 million active users, and its annual total transaction volume exceeded 6.7 trillion yuan, or about 1 trillion US dollars. The number of products available on the Taobao platform has exceeded 250 million. According to the financial report of Taobao’s parent company Alibaba Group for the fourth quarter of 2021, Taobao’s revenue increased by 21% year-on-year.

 

The advantages of Taobao

 

1.Rich variety of products: Taobao has a large number of sellers and products, which can meet consumers’ various needs, including clothing, electronics, home goods, food, and many other areas.

 

2.Competitive prices: Due to the large number of sellers on Taobao and intense price competition, the prices of products are generally lower, which allows consumers to purchase the products they need at a lower price.

 

3.Lower purchasing risk for consumers: Taobao has a buyer protection policy, and consumers can enjoy a 7-day no reason return or exchange policy. The dispute resolution mechanism is also perfect, which can protect consumers’ rights and interests.

 

4.Support for personalized customization: Taobao has numerous stores and sellers that support personalized customization services. Consumers can customize their products according to their own needs and preferences.

 

What is Tmall?

A worry-free platform for buying genuine products

Tmall.com is an enterprise-to-customer (B2C) e-commerce retail website managed by the Alibaba Group and is China’s largest B2C platform. Tmall.com is mainly used by brand-conscious users who are interested in lifestyle and fashion products.

As of 2021, Tmall has more than 700 million active users, with an annual total transaction volume of over 4.3 trillion yuan (approximately 670 billion US dollars). The monthly active users have exceeded 300 million. Tmall’s GMV (gross merchandise volume) ranks first in China’s B2C market, with a market share of about 57%. There are over 200,000 brands on Tmall, including well-known domestic and international brands as well as innovative brands. The number of international brands has exceeded 20,000, covering over 70 countries and regions worldwide.

 

The advantage of Tmall

1.Guaranteed Product Quality: Tmall has strict requirements and standards for the quality of its brands and products, promoting a “quality consumption” strategy that allows consumers to shop with greater peace of mind.

 

2.Wide Range of Product Categories: Tmall brings together over 200,000 brands from both domestic and international markets, including well-known, proprietary, and innovative brands, offering a comprehensive selection of products across various categories such as clothing, electronics, home decor, and food.

 

3.Comprehensive Service System: Tmall provides various services, including return and exchange, complaint handling, and other after-sales support, ensuring that consumers can receive complete and satisfactory service throughout their shopping experience.

 

What is 1688 and what are its advantages?

How to Choose Between 1688, Taobao, and Tmall?

(The image shows a price comparison between Taobao and AliExpress.)