1 | Many have now gone professional, buying goods wholesale on Alibaba and reselling them on Taobao. | |
2 | This past February McDonalds opened its Super Value online store on Taobao to promote its Super Value meal. | |
3 | Taobao, which has said it is profitable, makes its money by selling ads and logistics and other support services to its merchants. | |
4 | Ma said she spent about 200 to 300 renminbi a month, which translates into roughly $30 to $45, shopping on Taobao, China' s version of Amazon. | |
5 | The company is not publicly traded and therefore does not disclose financial information, but listings are free on Taobao and the company makes no money from online transactions. |