To differenitate itself from Taobao.com, Alibaba Group has changed Taobao’s Tmall.com chinese name to 天猫. Tmall is designed
AliExpress gains Vendio 80000 SMEs in US
As a new thrust to U.S. small and medium enterprise (SME) marketplace, Alibaba (HKSE1688) agreed last week to buy US-based Vendio Services, Inc. Trusted suppliers from AliExpress- Alibaba.com Wholesale platform will then leverage Vendio multi-channels selling their products in the U.S.
According to the announcement, Alibaba.com gains access to more than 80,000 targeted small businesses in the U.S. . Over 80 percent of them has little or no online sourcing experience . Terms of the deal for closely held Vendio weren’t disclosed.
In addition, the acquisition will provide access to e-commerce storefronts and multi-channel selling services for AliExpress customers looking to reach consumers online through the Vendio Platform.
AliExpress and Vendio customers are able to source efficiently from the 5 million+ products available on AliExpress and then sell goods through Vendio on the retail marketplaces of their choice around the world.
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