Home / Business / Technology & Telecom Tools: Save | Print | E-mail | Most Read | Comment
Alibaba boosts e-commerce for SMEs
Adjust font size:

Chinese e-commerce firm Alibaba.com Ltd will launch a project in April to subsidize small and medium companies to use its online services. From yesterday, users were invited to subscribe for a free trial on caifu.china.alibaba.com, with a quota of 6,188 people.

The project will lower the threshold for domestic firms to use the e-commerce service, said Chief Executive Officer David Wei.

Hong Kong-listed Alibaba.com reported its net profit more than quadrupled to 967.8 million yuan (US$136.3 million) in 2007 from a year earlier due to rapid expansion of paying users.

(Shanghai Daily March 26, 2008)

Tools: Save | Print | E-mail | Most Read
Pet Name
China Archives
Related >>
- China's Alibaba 2007 net more than quadruples
- Alibaba strikes it rich
- Alibaba seeking to expand
- Credit crunch may aid sales on Alibaba.com
- Alibaba spends greatly on training
- Jack Ma: Alibaba to maintain its independence
- Baidu, Alibaba rank top 10 search engines
Most Viewed >>
- Western provinces taking lead in economic development
- Chinese, US companies reach settlement in patent case
- China regrets Australian probe into Chinese toilet paper
- China fuels agriculture to cool inflation
- Per capita GDP predicted to soar by 2030: economist

April 11-13 Boao Forum for Asia

May 15-17 Shanghai Women's Forum Asia

Dec. 12-13 Beijing
China-US Strategic Economic Dialogue

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?