sorry last post was wrong, this from the same link.
Online Marketplace
In our online marketplace business, third-party sellers offer products to customers over our online marketplace. We acquired our B2B online marketplace in June 2015, and have been bringing new products and services to our online marketplace since then. As of December 31, 2015, there were over 4,600 third-party sellers in our online marketplace. Our B2B online platform recorded gross billing of RMB 5.5 billion (US$879.0 million) in 2015, measured in terms of gross merchandise value. In order to attract more third-party sellers, we currently do not charge commission on transactions on our online marketplace. We provide transaction processing and billing services on all orders on our online marketplace. We require third-party sellers to meet our standards of quality. We aim to offer customers the same high quality customer experience regardless of the source of the products they choose.
sorry last post was wrong, this from the same link. Online...
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