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Thursday, November 5, 2009
China's B2B legend-Alibaba
As Shiyan and I are going to give a presentation on Alibaba, I think it will be helpful to give some background information in advance.
1,The company
Alibaba International (www.alibaba.com) is the world's largest online B2B marketplace for global trade. 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 International has more than three million registered users from over 200 countries and territories.
Alibaba China (www.china.alibaba.com) is the largest Chinese language B2B marketplace for domestic China trade. With more than 16 million registered users, Alibaba China is a trusted online and offline community of SMEs who regularly meet, chat, search for products and do business.
2,The founder
Yun Ma(Jack Ma) is a Chinese internet legend. An English major but almost an IT illiterate, he envisioned that there was an opportunity for building a gateway between foreign buyers and Chinese suppliers. He founded Alibaba.com with one English website facilitating foreign buyers to find Chinese suppliers and Chinese suppliers to find foreign buyers. The Chinese website designed to help Chinese companies to trade between each other.The idea soon turned out to be one of largest success stories in Chinese internet market.
You might also want to visit the websites and try out the legend yourself.
These are the links:
http://www.taobao.com/index_global.php
http://www.alibaba.com/
http://china.alibaba.com/
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