Alibaba Acquisition Spree Continues with Auctiva Purchase

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August 25, 2010
By the ZippyCart Shopping Cart Reviews Content Team

The Alibaba acquisition frenzy continues in August,  as the official announcement is now out that the ecommerce giant from China has purchased eBay auction management software company, Auctiva. It was only one month ago, that Alibaba made another major acquisition of Vendio Services. Merchants use Vendio Services because they provide a robust free online store, plus they have a variety of tools that help merchants to be more effective at selling goods on eBay. Now with Auctiva, Vendio, and Alibaba under the same ownership, the company will be a very powerful force in the world of ecommerce. Auctiva will continue to retain its own brand name and operations, but now will be a new business unit under Alibaba. Additionally they will integrate Auctiva with Alibaba’s online marketplace AliExpress, which will give merchants the ability to easily list their products onto eBay.  AliExpress allows merchants to connect with suppliers to purchase a wide array of products, which can later be sold on their own site, or third party sites like eBay and Amazon.

It is reported that the acquisitions of Auctiva and Vendio result in over 250,000 new customers being added to the Alibaba.com family. These merchants will have access to roughly 1.5 million storefronts created by suppliers on AliExpress. This opens up a whole new world of global ecommerce, where Alibaba can provide everything a merchant needs in the supply chain. The acquisition is likely a sign of more to come, as Alibaba reported plans to invest $100 million to help them expand their operations, particularly here in the U.S..