Alibaba did not want to compete with Ebay?

11 June 2015, 19:41
yudiforex
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NEW YORK. Efforts Alibaba Group Holding enlarge the contribution of revenue from outside China more aggressively. Alibaba Chairman Jack Ma's visit to the United States (US) to attract more sellers on Alibaba website.
Ma visited New York and Chicago this week, met the businessman and explain its global strategy. "We are here not to compete," said Ma, Tuesday (9/6).
Alibaba is still conservative to invade the US market held by Amazon.com Inc. and eBay Inc. Last year, Alibaba launched a small-scale 11Main.com US portal for small businesses.
"Opportunities and our strategy is to help small businesses in the US to enter China and sell their products to the citizens of China," said Ma.
In the first three months of this year, Alibaba revenues from China grew 39% to US $ 2.2 billion. While international revenue grew 27% to US $ 264 million, or just 9% of revenue. This portion is 11% smaller than the first quarter of 2014.
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