Alibaba to launch US e-commerce website

Wednesday 12 February 2014 10:33 CET | News

Chinese e-commerce provider Alibaba has revealed plans to launch a US e-commerce website through its subsidiaries Vendio and Auctiva, according to online media outlet Reuters.

The same source also mentions that 11 Main ( website is an online shopping business that offers products such as fashion, tech and jewellery goods.

Alibaba has been increasing its international expansion with various acquisitions, including a roughly USD 200 million investment round in US retail website ShopRunner, setting up an investment division in the US and offering more of its e-commerce and online payment products overseas.

At the same time Chinas e-commerce company is gearing up for an expected public offering later in 2014 which will value the company at around USD 140 billion, according to a Reuters poll of eight analysts.

The foray into boutique e-commerce was conceived and created by Vendio and Auctiva, which Alibaba acquired in 2010 and helped businesses sell on eBay and

Check out our Cross-border Ecommerce Research section here for more info on country-specific ecommerce facts & figures, preferred payment methods, risk and fraud, as well as ecommerce legislation & regulation for mature and emerging markets.

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Keywords: Alibaba, US, e-commerce, website, Vendio, Auctiva
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce