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Taobao Splits into Three Independent Companies
Alizila PR, 6/16/11
In an e-mail to the staff of Hangzhou-based C2C & B2C e-commerce subsidiary Taobao, Alibaba Group chairman and CEO Jack Ma today announced that Taobao will be split into three companies - online search engine eTao, B2C and C2C platform Taobao Marketplace (Taobao.com), and B2C platform Taobao Mall - with independent management teams. Read More
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