Published at: tinyurl.com
Alibaba to pose real threat to eBay and Amazon
September 11, 2009
China's Alibaba Group operates the world's largest B2B business site, enabling millions of suppliers to display their wares to buyers worldwide. They also operate Taobao.com, one of Asia's largest shopping sites, as well as Alipay, their version of PayPal. So when Alibaba says it plans to launch an e-commerce platform in the U.S. by the end of this year, this should result in a heads-up response worthly of whiplash from eBay, Amazon, and Walmart.