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Is Tmall opened by Jack Ma?

The founder of Tmall is Jack Ma. Tmall is a B2C (Business-to-Consumer, commercial retail) created by Jack Ma’s Taobao. Formerly known as Taobao Mall, it is a comprehensive shopping website. On the morning of January 11, 2012, Taobao Mall officially announced that it would be renamed "Tmall". On February 19, 2014, Alibaba Group announced that Tmall International was officially launched to directly provide domestic consumers with imported imported goods from overseas.

Tmall, formerly known as Taobao Mall, is a comprehensive shopping website. On the morning of January 11, 2012, Taobao Mall officially announced that it would be renamed "Tmall". On March 29, 2012, Tmall released a new logo image. On November 11, 2012, Tmall took advantage of Singles’ Day to make a fortune, claiming to sell 10 billion in 13 hours, setting a world record.

Extended information:

Tmall’s profit model

1. Annual technical service fee and real-time deduction of technical service fee;

2. Advertising revenue and keyword bidding charges;

3. Software and service charges;

4. Tmall Mall itself does not participate in the sales and services of goods. The sellers themselves are responsible for the delivery and after-sales service, thus greatly reducing the delivery and after-sales service costs of Taobao Mall.

As an open platform, Tmall mainly opens flagship stores for merchants, and is settled by third-party brands. Tmall’s distribution mainly relies on third-party logistics and Cainiao Logistics, and is delivered by third-party logistics. Warehousing is provided by Tmall.

Baidu Encyclopedia-Tmall