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Alipay to Provide RMB 1 Trln in Loan Support to Offline Micro Merchants over Next 3 Years

36Kr.com, 5/03/18

Chinese e-commerce giant Alibaba Group's (NYSE: BABA) affiliated third-party payment processor Alipay recently announced a new offline vendor support program, according to which the company will provide services for nearly 100 mln small-scale local merchants throughout China, including offering RMB 1 trln in loan support over the next three years. Read More

Alibaba's 1688.com Launches Group Buy Channel

Ebrun, 6/20/13

Chinese B2B e-commerce firm Alibaba.com's small enterprise e-commerce platform 1688.com launched a new wholesale group buy channel, "Huopin," today. Read More

LightInTheBox Joins Alibaba Procurement Platform

Ebrun, 12/26/12

Beijing-based English-language wholesale B2C e-commerce platform LightInTheBox has announced that the company will allocate USD 30 mln in 2013 for apparel procurement through Chinese e-commerce conglomerate Alibaba.com's "Mingqi" open platform procurement site (mingqi.1688.com). Read More

Alibaba.com's Domestic Trade Platform Exceeds 50 Mln Users

Netease Tech, 11/30/11

Chinese B2B e-commerce company Alibaba.com (1688.HK) today announced that its China platform (1688.com) - which connects China-based suppliers with China-based buyers - has passed the 50 mln registered users mark. Read More

Alibaba.com Begins Testing Search Engine

Sootoo.com, 10/14/10

Chinese internet users report that Hangzhou-based e-commerce company Alibaba.com (1688.HK) has launched its "1688" search engine. Read More

Alibaba CEO: 1688 is "Strategic Upgrade" to Alibaba.com

Beijing Times, 3/10/10

David Wei, CEO of Hangzhou-based B2B e-commerce site Alibaba.com (1688.HK), said that the newly-launched 1688.com is not a new website but rather a strategic upgrade for Alibaba.com.cn, and both domains will co-exist to provide members with two access points. Read More

Alibaba to Launch Wholesale Business in March

Sina Tech, 2/10/10

On March 1, Hangzhou-based e-commerce company Alibaba Group will launch 1688.com, its first entry into online wholesale services, with the slogan "Taobao for shopping, 1688 for wholesale." Read More