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Alibaba's Tmall online marketplace for consumers in China plays host to retailers like Apple and Nike, which pay Alibaba a commission on all sales. Amazon decides to suck it up and join the list.
Tmall is a major shopping Web site in China with more than 70,000 merchants, and now Apple is getting in on the mix.
The company is offering everything from car marketing services to using a crowdfunding platform through its eBay-like retail site Taobao to allow business owners to raise capital from the site's users.
Amazon's Korean expansion is expected to open for business by mid-March, according to reports.
The company's revenue was up 40 percent and its mobile revenue was up a whopping 448 percent. Alibaba's profit, however, dipped 28 percent to $964 million.
The Chinese e-commerce giant's new Alipay ePass platform is designed to ease logistics for US-based companies that want to sell their wares directly to buyers in China.
Alibaba co-founder Jack Ma says the consumer-to-consumer marketplace will be available worldwide in multiple languages.
Sad and lonely? Alibaba says buy yourself something nice on "11.11," when China's unattached celebrate being single.
Following the Chinese company's historic IPO, the co-founder talks about his ambitious with his US e-commerce rival.
CNET breaks down Alibaba's sprawling e-commerce empire and explains why everyone's been talking about the Chinese company's initial public offering.