This is the name of a company:
Taobao Network Co., Ltd.
Is it correct that every first letter is capitalised? Also, why is there a comma?
Answer
The name of a company is a proper noun--like a person's name, or a country. This GrammarGirl tutorial explains that you need to capitalize proper nouns.
The comma is necessary, because "Taobao Network Co., Ltd." is how the company registered their name. However, you will find that most company titles are of the form "Company Name, Type of Company". An "LTD" is:
a business incorporated under the laws of England, Wales, Scotland, Canada, other Commonwealth countries, the Republic of Ireland, Cyprus, Israel and some Anglophone countries in Africa, like Ghana or Nigeria.
So the comma separates the part of the full title. Not every company has an abbreviation like "Ltd" or "LLC", so you won't always see one.
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