TAIPEI, Oct 15 — Online marketplace Taobao Taiwan said today it will shut down its service at the end of the year after being told by the government to register as Chinese. The move comes as relations between Taipei and Beijing have grown increasingly strained as the island looks to maintain its...
A man holds loudspeakers at the entrance to the Taobao office during a protest in Hangzhou, Zhejiang province, Nov. 24, 2011. — Reuters pic
The company said it had decided to stop taking new orders around noon Thursday before officially going off-line on December 31 after “prudent evaluations”. The commission started the probe after a former lawmaker claimed it was illegally operating on the island as it shared the same platform with Alibaba-owned Taobao.
Taiwan has stricter rules on investments from mainland China compared with other foreign countries, reflecting the lingering hostilities between the two sides, which split in 1949 after a civil war.
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