Alibaba.com (1688.HK) on Thursday acquired US-based e-commerce services provider Vendio Services, its first American acquisition, reported the Wall Street Journal. Vendio operates a platform to assist online vendors selling goods on online retailing sites including Amazon.com (AMZN.NASDAQ) and eBay (EBAY.NASDAQ). David Wei, CEO of Alibaba.com, has stated that his company is interested in further expansion into the business-to-business-to-consumer market (B2B2C), but he denied any plans to extend Chinese retail platform Taobao into the US market. The deal offers Alibaba access to California-based Vendio’s 80,000 small businesses, 80% of which have never used online supplier services. Alibaba hopes the relationship will encourage these small businesses to access the 1.4 million suppliers available on Alibaba.com and AliExpress.
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