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 in...
: 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 in a drive to step up scrutiny of Chinese firms amid rising tension with Beijing.
Claddagh said it would shut its Taiwan operation by the end of the year, adding that it would help merchants deliver existing orders to buyers. In August, Taiwan said Claddagh was in effect controlled by China’s Alibaba Group Holding Ltd and gave it six months to divest or re-register as Chinese-backed rather than foreign, or leave the island.
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