Yahoo! boo-hoo over Alibaba boo-boo
Yahoo! has told its long-suffering investors that it is still in discussions with Alibaba over the fate of its payment business Alipay. Its stake in Alibaba - a leading Chinese ecommerce business - is seen as one of the better reasons to own Yahoo! shares. But relations between the two seem to be under strain. Alibaba span off …
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Correction"
"Alibaba is a sort of eBay for small businesses looking to get stuff made in China."
Perhaps that should read that "Alibaba is a sort of eBay for small businesses looking to be ripped off"
http://www.channelregister.co.uk/2011/02/21/alibaba_execs/
And eBay is?
The rip-off aspect is already implied through the comparison with eBay.
Well! Well! Well!
Look! A Reg article about Yahoo! that contains no gratuitous! exclamation! marks!
Alibaba is a respectable brand
Out East, where I have family, Alibaba is a reputable source of B2B sales. It has networks across most of Asia. Sure there have been some dishonest sellers who have been acted on and execs sacked as a result of this going down on their watch, but when people have been sold stolen, misdescribed or fake goods through Amazon or eBay who was fired? Exactly.
It is almost entirely unlike eBay as its not an auction site and is not open to the general public in the same way.
If anything its like an online version of a wholesaler like Makro
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