china\s alibaba delays fee hike after web protest
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

China\'s Alibaba delays fee hike after web protest

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice China\'s Alibaba delays fee hike after web protest

Shanghai - AFP

Chinese Internet giant Alibaba said it will delay a fee hike for some sellers on its popular online shopping site after a storm of protest over the planned rise. Alibaba Group would also invest 1.8 billion yuan ($284 million) in its Taobao Mall site in a move to help disgruntled small vendors, the firm said in a statement issued late Monday. The announcement came after tens of thousands of users attacked big brands including Japanese cheap chic clothing chain Uniqlo on Taobao Mall last week, threatening to place huge orders online and immediately cancel them to protest against the service fee hike. The move -- aimed at denting large retailers\' customer ratings which can result in a suspension under the site\'s rules -- was decried by Alibaba chairman Jack Ma who described the protesters as \"people playing the Nazi anthem, hurting the innocent by shouting \'Eliminate all, destroy all.\'\" \"We help small businesses wholeheartedly because we understand that kind of pain,\" Ma wrote on Sina Weibo, China\'s popular Twitter-like microblogging service. \"But not everybody who does business will make money. Business is a serious discipline of learning.\" The vendors\' angry reaction came after Taobao Mall said last week that annual service fees would rise up to ten-fold to 60,000 yuan. That fee would be refunded to merchants who achieve a certain sales volume or high positive-feedback levels from customers, angering small vendors who said they were disadvantaged by the changes. A compulsory fixed-sum deposit would also go up to 150,000 yuan from 10,000 yuan, Alibaba said. Under the revised plan, Alibaba will allow a nine-month grace period on the fee hike, which takes effect from 2012, to existing vendors with good customer ratings, the statement said. All vendors will only need to pay half of the required deposit while Alibaba will make up the shortfall, it said. The investment in Taobao Mall, will help small vendors to improve the quality of products and services and protect the interest of consumers, the statement said. Taobao Mall President Zhang Yong was quoted as saying the fund will be used for sellers having \"operational difficulties\". China\'s Ministry of Commerce said in a statement over the weekend that it had ordered Alibaba to \"appropriately address the matter\" and respond swiftly to the requests of small vendors. Alibaba, in which Yahoo! holds a 43 percent stake, is China\'s largest e-commerce company.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china\s alibaba delays fee hike after web protest china\s alibaba delays fee hike after web protest

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china\s alibaba delays fee hike after web protest china\s alibaba delays fee hike after web protest

 



GMT 10:21 2016 Wednesday ,23 March

cartoon eleven

GMT 10:18 2016 Wednesday ,23 March

cartoon eight

GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 09:58 2016 Wednesday ,23 March

cartoon four

GMT 07:51 2018 Thursday ,18 January

Fighting Tsonga digs deep to reel

GMT 17:05 2016 Wednesday ,05 October

Burj Rafal Hotel Kempinski wins 2 new awards

GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 09:59 2017 Friday ,24 February

Baidu revenue slips anew amid ad clampdown

GMT 10:51 2017 Monday ,23 January

Actress Reham Hagag considers herself lucky

GMT 06:41 2018 Thursday ,18 January

Sudan holds communist leader

GMT 07:23 2017 Sunday ,15 October

Harvey Weinstein expelled by Oscars Academy

GMT 08:44 2015 Thursday ,19 November

'Invincible' bacteria threatens global epidemic

GMT 03:38 2017 Wednesday ,14 June

King holds talks with Dubai Ruler, Abu Dhabi CP

GMT 13:12 2017 Friday ,06 January

Nigerian midfielder Mikel leaves Chelsea for China

GMT 14:34 2017 Tuesday ,21 March

Minister promises to improve prisons

GMT 12:54 2017 Thursday ,04 May

Thomson Reuters celebrates 150 years
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice