Tiger. Taobao refers to Taobao.com, which is the largest online retail and business district in the Asia-Pacific region. It was founded by Alibaba Group in May 2003. Taobao is China's most popular online shopping and retail platform, with nearly 500 million registered users and more than 60 million regular visitors every day. The number of online products every day has exceeded 800 million, with an average of 48,000 items sold every minute. .