Alibaba’s Taobao And Tmall Sites Start Selling Cars, Including Cadillacs
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Besides being the world’s largest car market on a volume basis, China is also full of unique quirks and eccentricities. For instance, one can now buy cars online in the country.
According to a report from SCMP, websites owned by the Alibaba Group Holdings including Taobao, TMall and AliExpress, which together make up the world’s largest e-commerce services, have added cars that include GM’s Cadillac vehicles to the cosmetics, groceries, electronics, sportswear and cruise holidays they already sell.
According to data provided by Alibaba, as many as 100,000 vehicles by dozens of makers were sold during a 24-hour period on November 11th on Taobao and Tmall, roughly equivalent to the amount of cars typically sold by 1,000 Chinese dealerships in a month.
The best-selling brand? Chery Automobile Co., which sold 13,000 sedans and compact cars on Friday. Meanwhile, SAIC Motor Co., the largest Chinese carmaker that also operates a joint venture with General Motors in China, sold 1,500 RX5 SUVs. SAIC also made available for sale Cadillac sedans on Tmall, though how many units were sold was not disclosed.
It is currently unclear how the vehicles “sold” on the websites are paid for by customers or delivered to them, so stay tuned as we follow this unique development.
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