It is beneficial for Taobao to bind institutions.

The benefits include a tens of millions of traffic market distributed by Taobao’s entire platform, including Taobao Micro Taobao, Taobao Toutiao, Taobao Live, Good Goods, etc., as well as rich monetization models, in addition to regular settlement and commission In addition, there are dynamic bonuses and v-task platforms for customized content.

The application conditions for a Taobao-bound institution are that it must be an independent legal person, have a fixed office space, and be a general taxpayer. If it has been established for one year or more but less than one year, it must add a description of its advantages and registered capital. For 500,000 yuan and above.