Entity: TAOBAO
Taobao is a Chinese online shopping website that serves as a digital marketplace for individuals and businesses to buy and sell products. The name 'Taobao' translates to 'seeking treasure' in Chinese, reflecting the platform's essence of finding valuable items. Founded in 2003 by Jack Ma and owned by Alibaba, Taobao has become China's largest e-commerce platform with millions of active users.
TAOBAO
Etymology
The name 'Taobao' translates to 'seeking treasure' in Chinese, reflecting the platform's essence of finding valuable items.
Definition
Taobao is a Chinese online shopping website that serves as a digital marketplace for individuals and businesses to buy and sell products.
Historical Context
Founded in 2003 by Jack Ma and owned by Alibaba, Taobao has become China's largest e-commerce platform with millions of active users.
Cultural Significance
Taobao plays a significant role in China's online shopping market, offering a wide range of products and services to consumers and businesses.
Related Concepts
Taobao is often compared to Amazon and eBay, but it has distinct Chinese features that cater to the local market.
See Also
An online shopping website that symbolizes seeking treasure, providing a platform for individuals and businesses to engage in buying and selling goods.