Alibaba looks for US partners and customers

By Tim Mullaney | March 14, 2009, Saturday |

Print Edition

ALIBABA Group Holding Ltd, owner of China's biggest sourcing Website, is seeking partners from the United States to attract North American companies aiming to export products to the fastest-growing major economy in the world, Chairman Jack Ma said.

Alibaba is exploring relationships with companies such as Google Inc, eBay Inc, Yahoo! Inc and Microsoft Corp, Ma said on Thursday in an interview with Bloomberg News. More than a dozen executives of Alibaba, based in Hangzhou, Zhejiang Province, have visited US companies in the past two weeks, he said.

"It's very early to talk about what kind of partnership, but I believe something will happen," said Ma, 44. "We all had good ideas, and now we need to go home and digest."

Alibaba is moving to reduce its dependence on domestic vendors as the global recession erodes Chinese exports, which fell a record 26 percent last month.

About Us
|
Terms of Use
|
RSS
|
Privacy Policy
|
Contact Us
|
Shanghai Call Center: 962288
|
Tip-off hotline: 52920043

沪ICP证：沪ICP备05050403号-1
|
互联网新闻信息服务许可证：31120180004
|
网络视听许可证：0909346
|
广播电视节目制作许可证：沪字第354号
|
增值电信业务经营许可证：沪B2-20120012

Alibaba looks for US partners and customers

Email this to your friend