Taiwan orders Alibaba's Taobao out for rule violation: reports
Taiwan has ordered Alibaba's online marketplace Taobao to withdraw from the island within six months for violating investment rules required for a Chinese company, Chinese and Taiwanese media said on Thursday. Taobao has been fined T$240,000 ($7,860) and must withdraw or transfer its holdings from its operation in Taiwan, China's Xinhua news agency and Taiwan's Economic Daily News quoted the island's investment commission as saying. Taobao and the commission could not
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