Alibaba's e-commerce platform, Taobao, has set up a new trading company in Qinghai province.

According to corporate registry information, Qinghai Huanxiangfei Trading Co., Ltd. was recently established with a legal representative named An Xinjie and a registered capital of 1 million yuan. The company's business scope includes the sales of daily necessities, internet sales, home appliance sales, and retail of daily household appliances.

Shareholding information reveals that the company is wholly owned by Taotian Limited.