Taobao has established a new supply chain technology company in Shanghai with a registered capital of 5 million.

Tianyancha business information shows that on April 9th, Shanghai Taotian Supply Chain Technology Co., Ltd. was established, with Chen Ming as the legal representative. The registered capital is 5 million RMB, and the business scope includes supply chain management services, Internet sales, software development, etc. Shareholder information shows that the company is fully owned by Taotian Limited Company.