BABA's Wholesale Platform '1688' to Integrate with Taobao

1688, a wholesale platform under $BABA-SW(09988.HK)$, revealed its complete integration with Taobao. A specialized channel will be established to showcase carefully curated ODM factory products.

Recently, 1688 has inaugurated three stores on Taobao, which will be amalgamated into a channel akin to Tmall. These stores will bring millions of ODM manufacturers directly onto Taobao, offering consumers a wider selection of high-quality products.