Retail in Asia

In Trends

Taobao cooperates with Visa to tap Taiwan market

Taobao, the China-based online auction and B2C online shopping services provider under the Alibaba Group, on 6 May signed a cooperation agreement with Visa to offer 3D secure payment services for Visa card holders making online purchases at Taobao, according to Taobao CFO Zhang Yong. The agreement is aimed at helping Taobao extend its reach in the Taiwan market.

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(Source: DIGITIMES)