Alibaba combines domestic and international e-commerce business
The aim is to create synergies between Alibaba’s supply chain at home and abroad as competition intensifies.
The aim is to create synergies between Alibaba’s supply chain at home and abroad as competition intensifies.
November 26, 2024
Chinese tech company Alibaba is to combine its Taobao and Tmall Group and Alibaba International Digital Commerce Group, according to an announcement on November 21. The new business unit, Alibaba E-commerce Business Group, will cover both domestic and international markets.
Fan Jiang, who has managed both the domestic and international e-commerce businesses, has been appointed to lead the merged e-commerce segment. Alibaba’s wholesale platform, 1688 Marketplace, and second-hand platform, Idle Fish Xianyu, are also part of the new business.
Taobao and Tmall are China’s largest domestic e-commerce platforms, with monthly active users of over 800 million and a combined market share of around half of the...
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