Taobao was set up in 2003, only in less than 10 years, it already becomes the biggest E-Bay in asain, it aims to become the first-selected E-bay around the worldwide. Up to the end of 2009, Taobao has more than 170,000,000 registered memberships, what’s more, the number of users still increase in a high speed. Accounting to the statistic data, the transaction of Taobao in 2009 is 20.83 billion(RMB), the number is up to amazing 40 billion in 2010.

Taobao is a customer to customer individual online trading platform, the product number also obviously increase during the recent years, which from cars, computers and labs to even clothes, it also including online-game trading area.

Nowadays, more and more teenagers use Taobao to online-shopping. One of the reason why so many people choose Taobao is the unique service. For each shop enters into the E-Bay, the owner need to provide government permitted operating document. Customers’ feedback also is vital to each owner, once bad comment received, the shop owner will be punished, or even be kicked out from the E-bay. As a result, people can enjoy high quality service in Taobao.

From my opinion, Taobao is really a wonder in China. Currently, running business in china is becoming harder and harder, however, Taobao will keep having a good record. The potencial market still huge, shopping by Taobao already becomes one kind of lifestyle. As the good repuation it receives, there is no doubt that more people will select and accept Taobao. Based on the good management and high quality service, the futher of the Taobao is bright.