B2B platforms in China – FAQ

Doing business online with the Chinese may seem like a big chance. In most cases, online business is savvy, cost-effective, and easy: we save a lot of money, which would otherwise be spent on plane tickets, negotiations, or onsite checks, so, in case of ordering simple, mass-produced goods, why bother? Obviously, there are some risks, but some may say that if our potential partner has a status of a “golden supplier”, then what could possibly go wrong? Well, many things: sourcing from Chin is not as easy as buying a book on Amazon.

B2B platforms in China - FAQ
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10 facts about Alibaba Group

Alibaba Group, the Chinese e-commerce giant, has become an important part of the world’s business environment. It is hard to imagine Sino-foreign commercial activities without platforms such as Alibaba, and Chinese cannot imagine their online shopping without Taobao or Tmall. The infographics presents 10 facts about Alibaba Group that you haven’t known before.

facts about Alibaba

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Alibaba Group

The following infographic shows the basic information about main companies of Alibaba Group. Alibaba Group consists of the most important online b2b platform, Alibaba.com, Aliexpress – retail marketplace for buyers and sellers, the biggest Chinese shopping platform Taobao.com and some others. All of those companies add up to the impressive profits, achieved every year by Alibaba Group (net profit in 2013 Q4 reached  $1360 million).

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