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China market: Taobao, Wasu set up joint venture to offer online shopping, digital content

Marvin Ma, Taipei; Adam Hwang, DIGITIMES Asia Wednesday 30 June 2010 0

Taobao, China's largest C2C online web portal under the Alibaba Group, and local IPTV service supplier Wasu on June 29 announced a joint venture capitalized at 100 million yuan (US$14.7 million) to provide e-commerce and digital content in the China...

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