Taobao, one of the largest e-commerce platforms in China, is accepting pre-orders for iPhone 5.
Although Apple has not released the updated version of iPhone after the October 2011 release of 4S, sellers on Taobao are accepting deposits of US$160 for the iPhone 5.
Sellers on Taobao, a unit of Alibaba Group, are even offering mock-up pictures and detailed technical specifications, according to a report in dailymail.co.uk.
Apple's iPhone 5 is a widely anticipated device and it is rumoured to be released towards the end of this year. Perhaps Taobao is cashing in on the anticipation and is asking for a full deposit of US$1,100 for those who want to get this device.
The demand for the new iPhone is high and one seller on Taoboa told the dailymail.co.uk. that he has already sold about two dozen pieces of iPhone 5.
However, they have not confirmed any date for the shipment and the buyers will have to wait till the product is formally released in the market.
So buyers will have to wait to get a phone rumoured to have a bigger screen and a powerful voice recognition software.
As Apple typically releases products in Hong Kong before releasing in mainland China, Taobao sellers plan to buy the iPhone 5 in Hong Kong or the United States and then deliver it to clients.
Apple has responded to these online sales. The company currently has five stores in mainland China and may open stores in Chengdu and Shenzhen.
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