Alibaba heads West

0 CommentsPrint E-mail China Daily/Agencies, March 5, 2011
Adjust font size:

Alibaba.com promotes its brand at an Internet exhibition in Beijing. China's top e-commerce operator has been attempting to transform itself into a platform on which all processes of a business transaction can be made. [Photo: China Daily]?

Alibaba.com Ltd, the Chinese e-commerce company shaken by revelations of fraud, is heading West as it rebuilds trust, courting entrepreneurs in the United States and investing in online companies.

About 200 people attended a three-hour conference at California's Stanford University this week to hear how the company is helping businesses to find Chinese manufacturers for their wares. Small businesses in the US, including peddlers of everything from bikes to light bulbs to ballet flats, are starting to tap Alibaba to find partners.

"In the US, nobody really knows about them," said Jonathan Shriftman, who began using Alibaba.com last year to find a manufacturer for inexpensive fixed-gear bikes. Shriftman resells the bikes on his own website, SoleBicycles.com. "If you have an idea, it's really easy to make stuff now."

Alibaba, based in Hangzhou, Zhejiang province, is aiming to lure people like Shriftman as part of its broader ambitions to grow beyond its home country. The company, which has about 60 engineers in its Santa Clara, California, office, has identified the US as its top investment priority. It bought Vendio Services Inc and Auctivia, both California-based companies, last year and is looking for more acquisitions, former chief executive officer David Wei said in an interview in August.

The Stanford seminar kicked off a tour of 15 Californian schools to help people jump-start international businesses. Many attendees were entrepreneurs, who asked venture capitalists on the panel for advice on business ideas. Many expressed an interest in using Alibaba's marketplace, which lets them search for manufacturers around the world, helping them to save money as they nurture their businesses.

Alibaba.com said it's turning to colleges after noticing that during the economic recession, many new users were students buying from suppliers to start their own companies.

As Alibaba courts US business owners, it will have to mend its image and rebuild customer confidence. The company's shares have tumbled 10 percent since the company said on Feb 21 that more than 2,300 vendors used its website to defraud global buyers. Wei and Chief Operating Officer Elvis Lee, who weren't accused of wrongdoing, resigned.

"If you want to start a business, Alibaba.com is a great launch pad for you," said Tami Zhu, who oversees the company's business development and marketing.

There aren't many companies offering similar services to US entrepreneurs, said Ryan Miller, an e-commerce strategist at DemandWare Inc, which helps companies run their websites.

Alibaba.com, whose parent also runs Taobao, an Internet-auction company that's similar to EBay Inc, is stepping up its expansion in overseas markets including the US, India and Japan to counter slowing customer growth in China.

It says it has no plans to target consumers and go head-to-head with EBay in the US.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 久久久久亚洲精品男人的天堂| 亚洲精品亚洲人成在线观看| 高清永久免费观看| 国产绳艺sm调教室论坛| a级片免费在线播放| 成人午夜视频在线观看| 久久亚洲春色中文字幕久久久| 李小璐三级在线视频| 亚洲欧美成人综合久久久| 男生的肌肌插入女生的肌肌| 半甜欲水兄妹np| 花季app色版网站免费| 国产在线一区二区| 亚洲av日韩综合一区二区三区| 花季传媒app下载免费观看大全 | 精品爆乳一区二区三区无码AV| 国产乱XXXXX97国语对白| 麻豆国产在线不卡一区二区| 国产白白视频在线观看2| 中文japanese在线播放| 日本三级香港三级久久99| 久久精品国产精品亚洲精品| 欧美一区二区三区综合色视频| 亚洲最新中文字幕| 正在播放高级会所丰满女技师| 国产一级小视频| 韩国19禁无遮挡啪啪无码网站| 国产成人一区二区三区免费视频 | 精品久久久久久久99热| 午夜网站免费版在线观看| 羞羞色在线观看| 国产91精品在线观看| 色依依视频视频在线观看| 国产乱子伦精品无码码专区| 91久久另类重口变态| 在线精品小视频| 99精品国产99久久久久久97| 天堂网www在线资源中文| a级毛片免费播放| 夜夜高潮夜夜爽夜夜爱爱一区| a级毛片免费网站|