2013-11-08
Taobao.com Gains License To Sell Investment Funds And Financial Services Online
Alibaba Group's Internet shopping subsidiary Taobao.com has gained a third-party payment license for funds issued by the China Securities Regulatory Commission. This makes Taobao the first third-party e-commerce platform to provide services to fund sales organizations in the Chinese Internet industry. At the same time, Alibaba announced that 17 funds have opened their online stores […]