Alibaba Will Offload U.S. Assets

Alibaba has agreed to sell four of its American e-commerce assets to U.S.-based social shopping platform OpenSky. Alibaba will give OpenSky 11main.com, Auctiva, Vendio and SingleFeed in exchange for about a 37% stake in OpenSky. No financial details or exact timing on the deal are yet available, according to reports in foreign media. 11main.com is […]

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.

China’s Alibaba.com Acquires American E-commerce Company

Alibaba.com, the listed unit of the Chinese B2B e-commerce group Alibaba, has announced that it has reached a wholly purchase agreement with the American e-commerce company Vendio.