Taobao is an online loan. According to the query of Taobao official website, the first use and then payment need to be secured by personal credit, which belongs to micro-loans. Taobao is a large online retail and business circle in the Asia-Pacific region, which was founded by Alibaba Group in May 23. Taobao has also changed from a single C2C online marketplace to a comprehensive retail business circle including C2C, group purchase, distribution, auction and other e-commerce modes. It has become one of the worldwide e-commerce trading platforms.