Alibaba welcomes U.S. small businesses to sell globally on its platform

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Alibaba, which does not sell inventory of its own, hopes to win over local U.S. businesses as their marketplace platform of choice by offering small- and medium-sized businesses global selling power. Alibaba highlighted its interest in winning over manufacturers, wholesalers and distributors. Rival Amazon, in addition to selling its own inventory, allows third-party vendors to list products for sale on its website. Those vendors may store their products in Amazon’s warehouses or ship directly to customers.

Source: Financial Digest (financialdigest.net)

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