Alibaba-aligned e-commerce outfit Taobao quits Taiwan • The Register


Source: theregister.com theregister.com

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Alibaba-aligned e-commerce operator Taobao will stop Taiwan. Amazon’s Alexa web analytics service charges Taobao because the world’s eight-busiest web site – 4 spots above Amazon.com itself. Taobao’s Taiwanese web site is much less fashionable, however its mere existence demonstrated Alibaba’s intent to develop the model’s footprint. Taiwan had different plans. In September 2020, the nation imposed new rules that required companies working regionally to register if they’ve acquired significant-but-not-controlling investments from mainland China. Such companies can count on additional oversight in case they’re transferring tech to China. Taobao Taiwan was informed it wanted to register as such however selected not...