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Alibaba.com has three main services: the English language portal Alibaba.com, which handles sales between importers and exporters from more than 240 countries and regions, [82] the Chinese portal 1688.com, which manages domestic B2B trade in China, and AliExpress.com, a global consumer marketplace. [83] Alibaba.com went public at the Hong Kong ...
An online store may also be called an e-web-store, e-shop, e-store, Internet shop, web-shop, web-store, online store, online storefront and virtual store. Mobile commerce (or m-commerce ) describes purchasing from an online retailer's mobile device-optimized website or software application ("app").
In 2003, eBay acquired Eachnet, China's online auction leader at the time, [7]: 51 for US$180 million. It became a major contender in the Chinese consumer e-commerce market. [8] Responding to eBay's moves Alibaba launched Taobao as a rival consumer-to-consumer platform. [7]: 51 To counter eBay's expansion, Taobao offered free listings to sellers.
Ahead of China’s second-largest online sales event, the 618 shopping festival, Alibaba’s Taobao and Tmall Group are implementing several strategies to boost merchant and consumer participation.
Alibaba Group Holding plans to introduce a direct online retail model to complement the operations of its flagship platforms Taobao Marketplace and Tmall, according to a Chinese media report, in a ...
Alibaba Group Holding missed market expectations for first-quarter revenue on Thursday, as the company's domestic e-commerce sales came under pressure from cautious spending by Chinese consumers ...
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