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Alibaba Continues Expansion In Europe And US Invests in E-Commerce

by MarkJ Guillen CEO
Alibaba expands to 3 European countries and invest more in US in order to change the economic condition the china based business will face.

The wholesale retail company has no plans on stopping or pausing the expansions it has been working on evidently. It plans on opening its offices in 3 European countries in order to recover its growth and put the paranoid investors at peace.

Alibaba is already expanding around the US. Now this retail chain will come to Germany, France and Italy in the coming month which is a huge achievement in terms of the company’s growth.

Alibaba group holding is china-based e-commerce company and since there have been reports about the country’s economy going down. Investors are a little shaken up, this is one reason that the company has to work on expansions and changes by going as global as it can. The e-commerce giant is trying its best to attract international investors.

Singles’ Day on the 11th of November in China is a day where the locals go shopping excessively. Online markets are over flowed with calls, so the online sites launch their promotions and sales packages. Last year, promotion by Alibaba wholesale helped it to generate $57.1 billion of sales. This year it might turn out to be even more profitable promotion due to the international expansion the company has been working on. Analyst s are keeping their eye open anticipating at the next month’s outcome. If this day doesn’t go as planned by the company, it will reflect badly on the business and since the expansion is in the US as well. The company has to impress and attract international investors from US as well as Europe because they will definitely be watching the market as closely as possiblele.

The company is also starting to put international products in its online market due to the high demand by consumers for branded goods. This will help to make a good impression on where the company is expanding because new customers will get a vast variety of goods they can choose from. The company has included Apple and L’Oreal since August in its market and has also signed a contract with Macy’s Inc. online store for China. Another expansion the company is focusing on is location based services for now. 100.000 stores in China will play a part on Singles’ Day.

The corporation launched another data center in Silicon Valley, USA in order to expand its cloud services which cost it$1 billion. It’s already the number one could service in China and is expected to grow to $20 billion in five years.



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About MarkJ Guillen Advanced   CEO

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Joined APSense since, April 7th, 2015, From california, United States.

Created on Dec 31st 1969 18:00. Viewed 0 times.

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