Alibaba.com acquires Vendio
Jennifer Negley -- Home Textiles Today, June 25, 2010
Hong Kong - B-to-B ecommerce provider Alibaba.com has signed a deal to acquire Vendio, which allows merchants to sell through multiple channels including eBay, Amazon and their own Vendio store.
Vendio services more than 80,000 small businesses in the U.S., according to Alibaba.com. Alibaba.com claims 50 million registered users in more than 240 countries and regions.
After the transaction closes, the Vendio platform will add and AliExpress tab allowing Vendio's users to access sources on the Alibaba.com site. Vendio users will also be eligible for promotions and special deals on AliExpress wholesale products.