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Alleged Taobao scandal stirs sensation (2)


09:09, May 02, 2012

Taobao, invested by Alibaba Group in 2003, boasted over 400 million users early 2011 and registered an annual sales revenue of 600 billion yuan (95.5 billion U.S. dollars) in 2011, accounting for 80 percent of China's online shopping.

As the largest online retailer in China, Taobao sees more than 8 million express parcels delivered each day, accounting for 60 percent of the country's total shipping volume, according to statistics released by the company at the end of 2011.

Tao Ran, vice president of Alibaba Group, responded to the scandal in an interview with Xinhua.

"As Taobao is like a virtual society, it is unavoidable for some businessmen to obtain illegal profits there by getting involved in bribery," Tao said. "People sometimes get lost when being faced with the temptation of money, but they are just the minority."

Wang Shuai, chief marketing officer of Alibaba Group, wrote in tweets that Taobao had not accepted any interview from IT Time Weekly.

Taobao has refused the magazine's advertisement requests during the past eight years, so it has always become the target of the magazine's negative coverage, Wang said.

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