Alibaba Brings Funds Sales To Taobao Platform

By  |  November 4, 2013
 | 

Taobao, the online shopping platform owned by Chinese eCommerce conglomerate Alibaba, has begun managing funds sales, The Paypers reported on November 4.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The China Securities Regulatory Commission issued a no-action letter to Taobao last week, clearing the move. Alipay, another Alibaba company, will facilitate third-party payment solutions.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    To learn more about Alibaba’s latest play, read the full story here.

    “What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.


    Recommended

    The Weekender, search engines

    Search Is Having Its New Haircut, New Me Moment

    stablecoins, payment methods

    Payment Networks Use Earnings Season to Press Their Case on Stablecoins

    Anthropic, Claude, AI

    Anthropic Says New Cowork Plugins Tailor Claude to Specific Job Functions

    Vitamin Shoppe NYC store

    The Vitamin Shoppe Opens AI-Driven Innovation Store in NYC

    See More In: