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Alipay is introduced into the wholesale, alibaba.com synergies effect appear

by lidongqun on Nov 10, 2009

Alibaba.com that provides e-commerce services for inter-firm transactions re-upgrades mode; it introduced Alipay providing secured transactions to third party into Alibaba.com platform the first time. In order to promote small online wholesale trading, Alibaba.com experimentally launched "Ali-Express" wholesale platform in the international market in the third quarter of 2009, which provides convenient, safe and reliable online transaction services for buyers and suppliers. And then Alibaba.com introduced third-party security trading pattern provided by Alipay in this platform. At present, the "Ali-Express" has opened for members of China , the supplier to pay a nominal fee after each successful completion of online transactions, which make this product as a strategic development rather than a short-term revenue growth engine. Financial report Showed, Alibaba.com in the quarter, have launched a Chinese station small online wholesale...Read More >>



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