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Alibaba.com chooses Switzerland for European Market Entry

Recently I read this article about Alibaba.com‘s European Market entry. It summarized the very interesting Alibaba.com case:

  • Alibaba.com is the largest Chinese B2B Marketplace (matchmaker between buyers and sellers of all kinds of goods, from T-Shirts to Trains or Factories) and rapidly growing worldwide (28M Users)
  • In November 2007, Alibaba.com raised $1.7B in an IPO
  • Revenue for 2007 was 200M EUR and profit was 87M EUR
  • Alibaba.com recently opened an office in Geneva to push the Swiss and European Market Entry

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Categories: Entrepreneurship, Switzerland

This entry was posted by Remo Uherek on Sunday, July 6th, 2008 at 10:37 and is filed under Entrepreneurship, Switzerland. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “Alibaba.com chooses Switzerland for European Market Entry”

  1. Stefan Says:
    July 6th, 2008 at 16:22

    Alibaba.com ist in der Tat eine sehr interessante Unternehmung. Den von dir genannten Handelzeitung-Artikel habe ich mir ausgedruckt und werde ihn mit Spannung lesen. Denn der Titel ist seit dem IPO auf meiner Emering-Markets-Watchlist.

  2. Alisuer Says:
    July 7th, 2008 at 03:08

    You can check out the Alibaba weblog often here..

    http://alibabauser.wordpress.com/

  3. Jennifer Says:
    May 29th, 2009 at 00:04

    Alibaba.com is still doing really well in China. They have been providing great middlemen service for years. backpacking europe

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