eBay China Killer Taobao says Q1 GMV Doubled, Registered Users Topped 35 Million

[mandy]

Taobao released additional metrics on Wednesday:

    * Transaction volume, or gross merchandise volume (GMV), for the quarter surpassed US$900 million (RMB7 billion), a 100 per cent increase from the first quarter of 2006 and almost equivalent to the total GMV for the full year 2005 (RMB8 billion).
# Average daily transaction volume approached US$13 million (RMB100 million).
# The number of registered users exceeded 35 million, a 95 per cent increase from the 18 million users in the first quarter of 2006, and accounting for nearly all Internet users in China who say they shop online...

full article: http://www.auctionbytes.com/cab/abn/y07/m04/i05/s03

[mandy]

Q2 Update: Alibaba owned Taobao's market share rose to 72.2% in Q1 from last year's 65%.  Te number of registered users increased 80% to 39.9 million.  First half GMV tripled to $2 billion.

full article: http://news.xinhuanet.com/english/2007-0...392530.htm