Retail in Asia

In Markets

Taobao launches offline retail business in China

Taobao is set to launch authorised offline stores to reach out to consumers unable to shop online in China.

According to local reports, the first batch of 150 offline stores will begin operations in Hangzhou and Zhejiang. There are plans to deploy over 30,000 more stores in communities and schools across the country before the end of 2010.