Taobao revises fee plan
By He Wei and Tang Zhihao | China Daily | Updated: 2011-10-18 07:59
Earlier proposed increases slashed but small vendors vow to fight on
HANGZHOU - Taobao Mall, the country's leading online retail platform, announced revised fees on Monday and a 1.8 billion yuan ($282.2 million) investment plan to aid the development of small- and medium-sized enterprises, in a move seen as a conciliatory gesture following a bitter online fee dispute.
But some small vendors insisted that the "fight for their rights" will continue.
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