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Taobao's Juhuasuan Implements Group Buy Auction System
Ebrun, 7/04/12
Juhuasuan, the group buy site of Hangzhou-based C2C & B2C e-commerce site Taobao, has adopted an auction system across all product categories allowing users to bid in RMB 1,000 increments on July 2, resulting in prices reaching between RMB 50,000 and RMB 60,000, with one cosmetics deal exceeding RMB 170,000. Read More
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