Jack Ma, the founder of China's Alibaba Group Holding Ltd (BABA.N),
said on Thursday the firm will set up an international version of its
e-commerce marketplace Taobao to serve shoppers worldwide in multiple
languages, including English and Chinese.
Alibaba currently has
an international e-commerce platform specializing in wholesale goods
called Aliexpress, but does not have a similar offering for consumers to
sell to each other.
Ma
made the comments on the sidelines of a meeting in China's eastern city
of Hangzhou between China's Premier Li Keqiang and Chinese and foreign
Internet industry leaders. The meeting coincided with the World Internet
Conference, being held over three days in the town of Wuzhen.
Thursday, November 20, 2014
Alibaba to launch international version of Taobao marketplace
2:08 PM
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