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Taobao Sued Over Online Store, Reports May Day Growth
Alibaba's consumer-to-consumer (C2C) site Taobao.com is being sued along with a Taobao seller surnamed Li for RMB 259,290 by Beijing-based Ozark Sporting Goods Trading Company in the Beijing Chaoyang District Court, reports Chinacourt.com. Ozark Sporting Goods asked Taobao to shut down Li's Taobao-based "Ozark" discount sporting goods store for brand infringement in February, and notified Li regarding the issue in March after failing to receive a Taobao reply, according to the report. Li has made RMB 246,290 in sales from her Taobao store since it was opened in June, 2006, said the report.
Taobao.com recorded RMB 230 million in daily transaction volumes between May 1 and 3, reports Beijing Business Today citing company statistics. The holiday numbers are a 230 percent improvement over 2007, said the report. Taobao updated its site to display the number of people who have marked a product in their "favorites" on seller product description pages on April 28, according to Taobao's official forum.
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