This week came a big news in the world of eCommerce. Alibaba.com, Hong Kong-based e-commerce company, has announced that they will acquire Auctiva, a developer of tools for eBay sellers with a customer base of about 170,000, for an undisclosed amount. This comes hot on the heels of Alibaba.com's acquisition of Vendio, an eCommerce service provider, in June. With this acquisition of another U.S. eCommerce entity, Alibaba.com will have a total customer base of more than 250,000 in the U.S. alone.
Alibaba.com has earlier outlined their desire to build an eCommerce global supply chain for small businesses, targetting the United States market. They have disclosed that they plan to invest US$100 million in the market to realise this plan.
As a user of both Alibaba.com and Auctiva, I have to say that I was quite taken aback by this acquisition. However, it will be interesting to see how this new development will affect us users.
Alibaba.com has earlier outlined their desire to build an eCommerce global supply chain for small businesses, targetting the United States market. They have disclosed that they plan to invest US$100 million in the market to realise this plan.
As a user of both Alibaba.com and Auctiva, I have to say that I was quite taken aback by this acquisition. However, it will be interesting to see how this new development will affect us users.
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