Categories: Social Media News

China’s Alibaba Acquires Auctiva

Chinese e-commerce company Alibaba.com has entered into an agreement to acquire Auctiva, a third-party developer of tools for eBay sellers.

According to Alibaba.com, Auctiva currently has more than 170,000 active users. The company provides a variety of listing and marketing tools for the management of online stores. These tools are mainly designed for eBay sellers, but are also applicable on other e-commerce websites.

With the acquisition, Auctiva’s platform will be integrated with AliExpress, allowing Auctiva users to connect to AliExpress via a tab on the Auctiva web-based platform. This will enable customers to easily search for suppliers, acquire merchandise and list those products on eBay through their Auctiva accounts. Exclusive promotions and special deals on AliExpress products will be available to Auctiva users.

At the same time, as a new business department of Alibaba.com, Auctiva will be operated independently and maintain its own brand.

Prior to this, Alibaba.com acquired the American e-commerce company Vendio Services in June 2010, aiming to help Chinese manufacturers enter the American retail market via the Internet by combining its AliExpress.com with Vendio.

Social Media Asia Editor

Recent News

Albania to ban TikTok for a year as PM Edi Rama claims app inciting violence and bullying

The Albanian government plans to block access to TikTok for a year after the killing…

24 hours ago

Albania bans TikTok for one year after teen stabbing incident, the company reacts

Albania’s Prime Minister Edi Rama announced that the country will be banning TikTok for one…

1 day ago

Ukraine’s Drones Wreak Havoc in Russia’s BRICS Summit Host City

What's NewOfficials in Russia say drones launched by Kyiv have hit Kazan, a city more…

2 days ago

What if Russia wins in Ukraine? We can already see the shadows of a dark 2025

There are human activities in which both sides can win. War is not one of…

2 days ago

US Senate passes spending legislation to avert government shutdown

The US Congress passed spending legislation early on Saturday in a down-to-the wire burst of…

2 days ago

Manila Cathedral to bless Nativity infants

AHEAD of the celebration of Christmas Day, the Manila Cathedral in Intramuros is inviting the…

2 days ago