Alibaba ups listings of US businesses for Chinese demand

Global Business

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Part of Alibaba’s growth strategy is to increase the number of small and medium-sized U.S. businesses listing their products on Alibaba-owned sites. Founder Jack Ma says this will meet Chinese demand for foreign products and provide an opportunity for U.S. businesses. There seems to be strong interest among U.S. companies to enter the Chinese market, but as Karina Huber reports there are also some concerns.

Alibaba increases product listings of US businesses to meet Chinese demand

Alibaba increases product listings of US businesses to meet Chinese demand

Part of Alibaba's growth strategy is to increase the number of small and medium-sized U.S. businesses listing their products on Alibaba-owned sites. Founder Jack Ma says this will meet Chinese demand for foreign products and provide an opportunity for U.S. businesses.

More details:

  • Online shopping is booming in China and demand for foreign products is also growing.
  • A recent survey by Nielsen found that 32 percent of Chinese respondents had purchased foreign goods online. The top products were clothing and accessories.
  • Knock-offs are a big problem in China, but Alibaba and the Chinese government have vowed to crack down on counterfeiters.