Alibaba’s Taobao cuts fees for merchants and subsidises content as it seeks to protect its market lead, reports say

Alibaba’s Taobao cuts fees for merchants and subsidises content as it seeks to protect its market lead, reports say Taobao, the main e-commerce platform of Alibaba Group Holding, has decided to increase subsidies and cut fees for merchants as China’s largest online marketplace moves to defend its lead amid increasing competition, according to local media … Read more