I am intrigued by Alibaba's purchase of Vendio, expanding the Chinese company's SMB B2C internet retail strategy - what a mouthful!
This marks the third time in little more than a month that a company has announced an allocation of $100 million fund to invest in U.S. ecommerce-related businesses. The Vendio investment represents a key market for a Alibaba - Vendio has over 80,000 small buiness users on line with its U.S.-based ecommerce platform.
This marks the third time in little more than a month that a company has announced an allocation of $100 million fund to invest in U.S. ecommerce-related businesses. The Vendio investment represents a key market for a Alibaba - Vendio has over 80,000 small buiness users on line with its U.S.-based ecommerce platform.
Powered by Compendium
Comments for E-Commerce Website Aquisitions