Chinese tech company Alibaba is to combine its Taobao and Tmall Group and Alibaba International Digital Commerce Group, according to an announcement on November 21. The new business unit, Alibaba E-commerce Business Group, will cover both domestic and international markets.
Fan Jiang, who has managed both the domestic and international e-commerce businesses, has been appointed to lead the merged e-commerce segment. Alibaba’s wholesale platform, 1688 Marketplace, and second-hand platform, Idle Fish Xianyu, are also part of the new business.
Taobao and Tmall are China’s largest domestic e-commerce platforms, with monthly active users of over 800 million and a combined market share of around half of the...
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