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Taobao and Tmall's 'Tuihuobao' Helps Merchants Cut Return Costs by Up to 30% Since Launch
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Taobao and Tmall under BABA-W (09988.HK) (BABA.US) recently held a merchant service conference, announcing the launch of dozens of business environment optimization measures to protect merchant rights, including the further optimization of the "Tuihuobao" mechanism, a goods return service. Taobao and Tmall revealed that the "Tuihuobao" has systematically helped merchants reduce return costs by 10-30% since its launch. AAStocks Financial News |
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