BIZCHINA / Ma Yun
About Alibaba
(alibaba.com)
Updated: 2006-09-06 16:01
Alibaba.com Corporation is China's leading e-commerce company, operating
the world's largest online marketplaces for both international and
domestic China trade, as well as China's most popular online payment
system, AliPay. Alibaba.com also owns and operates Yahoo! China, which it
acquired in October of 2005.
Alibaba's Portfolio of Businesses
Alibaba International
(www.alibaba.com) is an English-language website primarily serving small
and medium-sized enterprises (SME's) in the international trade
community, with more than two million registered users from over 200
countries and territories. More than 500,000 people visit the site every
day, most of them global buyers and importers looking to find and trade
with sellers in China and other major manufacturing countries.
Alibaba China
(www.china.alibaba.com) is China's largest online marketplace for
domestic trade among businesspeople. With more than 10 million registered
users, Alibaba China is a trusted community of members who regularly
meet, chat, search for products and do business online. Customers pay an
annual subscription fee for membership, which entitles them to post trade
offers and products online. The subscription fee also includes
authentication and verification of the member's identity, which is
performed by a third-party credit reporting agency.
TaoBao
(www.taobao.com)is China's most popular consumer-to-consumer trading site
with more than 20 million registered users. Since its founding in May of
2003, Taobao has risen to become a leader in China's consumer e-commerce
market. Compared with similar services, the website has the highest
number of product listings and the highest penetration among China's more
than 100 million Internet users.
Yahoo! China
(www.Yahoo.com.cn) Yahoo! China, a division of Alibaba.com, is a leading
internet search brand serving China's consumers and businesses. In
October of 2005, Alibaba.com acquired Yahoo! China and formed a long-term
strategic partnership with Yahoo! Inc. Under the agreement, Alibaba.com
owns and operates Yahoo! China, with exclusive rights to the use of the
Yahoo brand and technologies in China.
Yahoo! China's search properties combine globally and locally developed
search technologies to provide the world's most relevant Chinese-language
search results. Yahoo! China plays a valuable role in powering e-commerce
in China and is a leading advertising platform for China's small to
medium-sized businesses.
AliPay Online Payment Solution
Completing China's e-commerce transaction chain, Alibaba operates AliPay
(www.AliPay.com) which enables any individuals and businesses to
securely, easily and quickly send and receive payments online. To provide
AliPay, Alibaba has partnered with China's leading banks, including China
Merchants Bank, China Construction Bank, Agricultural Bank of China, and
the Industrial and Commercial Bank of China.
Alibaba Awards and Honors
Alibaba.com is the only import-export marketplace named "Best of the Web"
seven years in a row by Forbes magazine. The site has also been selected
as a "Top Website for Entrepreneurs" by US-based Entrepreneur magazine
and the most popular B2B website by readers of the Far Eastern Economic
Review, a financial magazine published by Dow Jones in Asia.
Alexa (www.alexa.com) - a subsidiary of Amazon.com that provides
independent web traffic ratings of websites around the world - ranks
Alibaba the world's most popular site in the categories of Import-Export
and International Business and Trade.
Alibaba's Team
Alibaba.com was founded in 1999 and is based in Hangzhou, eastern China.
It has more than 4,000 employees, 14 regional sales offices across China
and other offices in Hong Kong, Silicon Valley, Europe, and Beijing.
(For more biz stories, please visit Industry Updates)
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Alibaba is the largest B2B marketplace in the world. Source model ship,
wooden puzzle, one-piece toilet, RC hovercraft, photo album, prom dress,
pocket bike, Vaginal Speculum, Samurai Sword, String Panty and PVC Pipe.
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