TAIPEI: Taobao Taiwan shut its e-commerce site on Thursday after the government ordered the firm to re-register as China-backed or leave the island, p...
The logo of Alibaba Group is seen at the company’s headquarters in Hangzhou, Zhejiang province, China July 20, 2018. — Reuters picTaobao Taiwan shut its e-commerce site on Thursday after the government ordered the firm to re-register as China-backed or leave the island, part of a drive to increase scrutiny over Chinese firms amid rising tensions between Taipei and Beijing.
Claddagh said it will shut its Taiwan operation by end-2020, adding it will help merchants deliver existing orders to buyers.
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