Alibaba CEO discusses future of e-commerce

06/29/2010 | Practical eCommerce

Alibaba, which has set aside $100 million to invest in US businesses related to e-commerce, has acquired e-commerce platform Vendio. David Wei, CEO and executive director of Alibaba, discusses the acquisition and the outlook for e-commerce and social networking. Wei said that Vendio was an attractive company because of its diversity.

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