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AliExpress (Chinese: 全球速卖通) is an online retail service based in China and owned by the Alibaba Group. [1] Launched in 2010, [ 2 ] [ 3 ] it is made up of small businesses in China and other locations, such as Singapore, that offer products to international online buyers.
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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]
Ant Group (Chinese: 蚂蚁集团; pinyin: Mǎyǐ jítuán), formerly known as Ant Financial, is an affiliate company of the Chinese conglomerate Alibaba Group.The group owns the world's largest mobile (digital) payment platform Alipay, which serves over 1.3 billion users and 80 million merchants, with total payment volume (TPV) reaching CN¥118 trillion in June 2020.
In July 2021, Alipay was introduced in Brazil as a digital wallet for transactions on AliExpress. With this feature, customers could store balance in their account, collect bonuses and use it as a form of payment for purchases made on the marketplace, [ 50 ] but the Alipay Brazil Digital Consumer Account was discontinued on September 30, 2022.
Taobao is a Chinese online shopping platform. It is headquartered in Hangzhou and is owned by Alibaba.According to Alexa rank, it was the eighth most-visited website globally in 2021. [3]
Alibaba Cloud, also known as Aliyun (Chinese: 阿里云; pinyin: Ālǐyún; lit. 'Ali Cloud'), is a cloud computing company, a subsidiary of Alibaba Group.Alibaba Cloud provides cloud computing services to online businesses and Alibaba's own e-commerce ecosystem.
Temu requires its sellers to offer their products at prices lower than those found on AliExpress. [37] When multiple sellers offer the same product, Temu authorizes only the one with the lowest price. [37] Items not meeting Temu's minimum sales requirements (30 pieces and $90 in 14 days) are removed from the platform. [37]