On May 2003 10, Taobao was established, which was invested and founded by Alibaba Group. 5438+ 10 month, the third-party payment tool "AliPay" was launched, and the "secured transaction mode" made consumers trust the transactions on Taobao. The total turnover in 2003 was 34 million yuan.

In 2006, Taobao became the largest shopping website in Asia. According to survey data, nearly 9 million people shop on Taobao every day.

By the end of 20 14, Taobao had nearly 500 million registered members, with over 65438+200 million daily active users and online products 10 billion. In c2c market, Taobao accounts for 95 1% of the market.

Extended data

The development course of Alibaba

In September, 1999, the founder of 18 led by Ma Yun formally established Alibaba Group in his apartment in Hangzhou. The first website of the group is Alibaba, the global wholesale trade market of English. In the same year, Alibaba Group launched the China trading market focusing on domestic wholesale trade.

199 10, Alibaba group raised $5 million from a number of investment institutions.

From June 5438 to October 2000 10, Alibaba group raised 20 million dollars from many investment institutions such as Softbank.

In May 2003, Taobao, a shopping website, was founded in Ma Yun's apartment.

From June 5438 to February 2004, Alipay, a third-party online payment platform of Alibaba Group's affiliated companies, was launched.

Baidu Encyclopedia-Taobao.com

Baidu Encyclopedia-Alibaba Group