Alibaba’s wholesale market 1688 just recently opened 3 main online stores on Taobao, reinforcing the business’s low-price method which is anticipated to see increasing inexpensive materials streaming in. According to Chinese media firm Caixin, the 3 stand-alone shops offer furnishings and basic product produced by widely known brand-name factories, workplace materials and company consumables, and unbranded white-label products. It is likewise reported that Taobao would establish an independent channel comparable to the one shared by Tmall Supermarket for 1688-based services, making it much easier for consumers to select products without needing to download its initial app.[[Caixin, in Chinese]
Alibaba deepens price war as Taobao provides independent channel for B2B business 1688
