Alibaba’s Tmall waives annual service fee, while Taobao relaxes ‘refund only’ policy

Alibaba’s Tmall waives annual service fee, while Taobao relaxes ‘refund only’ policy

Tmall, home to mainly established brands and sellers, from September 1 will waive its annual software service fee that used to range from 30,000 yuan (US$4,145) to 60,000 yuan for merchants in various categories, Alibaba’s main e-commerce unit Taobao and Tmall Group (TTG) announced on Friday. Alibaba owns the South China Morning Post. Existing Tmall … Read more