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Ma says Alibaba will set up international version of Taobao marketplace

Thursday, November 20, 2014 - 17:48

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Jack Ma, the founder of China's Alibaba Group Holding Ltd, said on Thursday the firm will set up an international version of its e-commerce marketplace Taobao to serve buyers worldwide in multiple languages, including English and Chinese.

[BEIJING] Jack Ma, the founder of China's Alibaba Group Holding Ltd, said on Thursday the firm will set up an international version of its e-commerce marketplace Taobao to serve buyers worldwide in multiple languages, including English and Chinese.

Alibaba currently has an international business-to-business e-commerce platform called Aliexpress but does not have a similar offering for consumers to sell to each other, Mr Ma told Reuters on the sidelines of the World Internet Conference.

REUTERS

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