Taobao淘宝网络
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Revenue
Source: Alibaba Group 2021 Fiscal Year Annual Reportdoc.irasia.com/listco/hk/alibabagroup/annual/2021/ar2021.pdfNotes: This is the total revenue for Taobao and Tmall in the 2021 Fiscal Year.
Source: Alibaba Group 2021 Fiscal Year Annual Reportdoc.irasia.com/listco/hk/alibabagroup/annual/2021/ar2021.pdfNotes: This is the total revenue for Taobao and Tmall in the 2021 Fiscal Year.
Valuation
Source: Howie Mann Websitemannhowie.com/alibaba-valuationNotes: 2021 valuation is a combined value of Tmall and Taobao.
Source: Howie Mann Websitemannhowie.com/alibaba-valuationNotes: 2021 valuation is a combined value of Tmall and Taobao.
Overview
Taobao Network is one of Alibaba’s variable interest entities that are material to its business. The company operates Taobao, China’s largest mobile and website commerce destination, with an exceptionally wide range of product offerings. It is also one of the world’s largest e-commerce trading platforms with a large and growing social community. At the end of the first quarter of 2021, Taobao had more than 811 million active registered users and 269.5 million visits per month.
With the rise of live streaming, Alibaba launched a streaming service through Taobao to allow online retailers to market their products utilizing the platform. In the 2021 fiscal year, Taobao Live’s Gross Merchandise Value (GMV) grew over 90% year-over-year to reach over RMB500 billion (US$76.3 billion).
Since 2019, Alibaba founder, Jack Ma, has stepped down as chairman of the board and is no longer a direct shareholder of the company.
Fast facts
- Full ENGLISH Name
- Zhejiang Taobao Network Co., Ltd.
- Full Chinese Name
- 浙江淘宝网络有限公司
- WEBSITE
- www.taobao.com
- Headquarters
- Room 601, 6th Floor, No. 969, West West Road, Wuchang Street, Yuhang District, Hangzhou City
- Year founded
Source: Qichachawww.qcc.com/firm/c29fb59a50a8d6f0cab90a2dac54cbf8.html
- 2003
- POINT OF CONTACT
Phone number: 0571-85022088
Email: gsll@service.alibaba.com- COMPANY TYPE
- Private
- REGISTERED CAPITAL
- USD 9.7 M
- LEGAL Representative
- Wáng Míngqiáng
Ownership
| English Name | Chinese Name | Percent Ownership | Ultimate Beneficiary | Share Class |
|---|---|---|---|---|
Hangzhou Zhenxi Investment Management
| 100% |
Subsidiaries
| English Name | Chinese Name | Percent Held |
|---|---|---|
|
Xiami Music
| 100% |
Leadership
| English Name | Chinese Name | Title |
|---|---|---|
Wáng Míngqiáng
| 王明强 | Chairman |
|
Dài Shān
| 戴珊 | Director |
|
Lǐ Fāguāng
| 李发光 | Director |
|
Zhāng Yù
| 张钰 | Statutory Auditor |
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