Alibaba Group is a privately owned Hangzhou-based group of Internet-based e-commerce businesses including business-to-business online web portals, online retail and payment services, a shopping search engine and data-centric cloud computingservices. In 2012, two of Alibaba’s portals together handled 1.1 trillion yuan ($170 billion) in sales, more than competitors eBay and Amazon.com combined. The company primarily operates in the People’s Republic of China, and in March 2013 was estimated byThe Economist magazine to have a valuation between $55 billion to more than $120 billion.
The company began in 1999 with the web site Alibaba.com, a business-to-business portal to connect Chinese manufacturers with overseas buyers. Its consumer-to-consumer portal Taobao, similar to eBay, features nearly a billion products and is one of the 20 most-visited websites globally. Alibaba Group’s sites account for over 60% of the parcels delivered in China.
Alipay, an online payment escrow service, accounts for roughly half of all online payment transactions within China. The vast majority of these payments occur using Alibaba services. The company is seeking an initial public offering in the United States after a deal could not be reached with Hong Kong regulators. Wikipedia
The biggest ebusiness type in e commerce is online shopping cart, where it lets anybody to sell and buy any stuffs they need. So why not an online marketplace be much more advanced with social features. Fancy clone possess those striking features like individual store for sellers, @user mentions, #tags, live feeds, multi lingual and […]
Fantacy is a social commerce site which is based on Fancy script that helps the user to collect their favourite product and allows users to engage in social oriented shopping through picture feeds and sharing. This socially orientated online shopping is so easy to use and share, that users are sharing all of their latest […]
NCrypted – B2B Software gives Business to Business Marketplace Script, B2B E-Commerce Software utilizing Alibaba Clone. Alibaba Clone Script is additionally simple to oversee as it returns with a powerful office application giving full control over the site like structure administration, formats, server side structures, detailed measurements to the executives. You can increase income from […]
Fantacy can be used as multivendor or single store script. This is 100% unencrypted which can be customised for any of your needs. Its a awesome social ecommerce system like fancy.com and has more features and the list of features are given below. # Social Login (FB, Twitter, G+) # Social share options and comment […]
Create your own trade and wholesale e-portal with the help of this amazing Alibaba clone script. Wholesalers can create their own stores, be contacted by buyers and you can earn your money by letting them create their shops. This is an excellent B2B script and will be enjoyed by your users equally.