China's Alibaba Announces Purchase of U.S. Auctiva (Aug 26/2010)

Alibaba.com, world’s largest online business-to-business trading platform for small businesses, said Wednesday it had agreed to buy U.S. software developer Auctiva for an undisclosed sum to boost its presence overseas.

This is Alibaba’s second overseas purchase of its kind this year. Alibaba acquired another e-commerce company Vendio Service in June, which owns more than 80,000 online sellers with a annual sales volume of 2 billion U.S. dollars.

for details, please refer to Caijing


Articles in this category: China home prices fall for 4th month (Jan 4/ Bloomberg) India, China manufacturing shows resilience to Europe crisis (Jan 3/Bloomberg) China’s Central Bank to keep monetary policy ‘prudent’ in 2012 (Dec 31/Bloomberg) China GPS rival Beidou starts offering navigation data (Dec 28/The Wall Street Journal) China's fiscal deficit to fall in 2012 (Dec 27/Reuters) China, Japan to promote direct trade of currencies (Dec 26/Bloomberg) Yuan hits all-time high, on track for over-4 percent gain in '11 (Dec 26/Reuters) China tops U.S, Japan to become top patent filer (Dec 21/Reuters) China’s November home prices post worst performance this year amid curbs (Dec 18/Bloomberg) China lays out economic policy for 2012 amid slowdown (Dec 15/ The Wall Street Journal)

- China home prices fall for 4th month (Jan 4/ Bloomberg)

- India, China manufacturing shows resilience to Europe crisis (Jan 3/Bloomberg)

- China’s Central Bank to keep monetary policy ‘prudent’ in 2012 (Dec 31/Bloomberg)

- China GPS rival Beidou starts offering navigation data (Dec 28/The Wall Street Journal)

- China's fiscal deficit to fall in 2012 (Dec 27/Reuters)