Alibaba-affiliated marketplace to leave Taiwan, again
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Tencent
the Investment Commission
Ministry of Economic Affairs
Claddagh Venture Investment
Alibaba
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Taobao
Shopee
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TechCrunch
iQiyi
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Taiwan
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Summary
Even mainland tech giants Alibaba and Tencent have had little success entering the island, often running into regulatory hurdles.Less than a year after Taobao launched on the island through an Alibaba-backed joint venture, the marketplace announced it will cease operations by the end of this year, the platform said in a notice to customers on Thursday.The decision came two months after the Investment Commission under Taiwan’s Ministry of Economic Affairs ruled that Taobao Taiwan is a Chinese-controlled company and required the firm to either leave or re-register under a different corporate structure.
As said here by Rita Liao