Welcome to WebmasterWorld Guest from 54.162.94.15

Forum Moderators: bill

Message Too Old, No Replies

Profit up 340PCT at Alibaba

     
10:55 am on Mar 18, 2008 (gmt 0)

Administrator from GB 

WebmasterWorld Administrator engine is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:May 9, 2000
posts:24265
votes: 541


Top Chinese e-commerce firm Alibaba Ltd said on Tuesday its full-year 2007 profit grew 340 percent, boosted by a buoyant Chinese economy, increasing Internet access in the country and healthy growth in the firm's number of paying members.

Alibaba, an online business-to-business site connecting companies looking to import and export Chinese goods, was founded in 1999 as a bulletin board for businesses to post trade leads.

Last year, Alibaba had a 57.3 percent share of China's 3.9 billion yuan business-to-business market, according to local data firm iResearch.

Profit up 340PCT at Alibaba [uk.reuters.com]

1:19 am on Mar 19, 2008 (gmt 0)

Administrator from JP 

WebmasterWorld Administrator bill is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:Oct 12, 2000
posts:14977
votes: 131


I remember looking at Alibaba's system years ago and thinking they had a long way to go to grow their community platform. There were all sorts of issues from simple site design, security to language issues. Today's Alibaba platform is quite a bit more polished. They've got an impressive community base now and look pretty unstoppable now.
 

Join The Conversation

Moderators and Top Contributors

Hot Threads This Week

Featured Threads

Free SEO Tools

Hire Expert Members