The move comes as Alibaba Group looks to leverage revenue from the popular platforms to further compete with rival Baidu, which began closed beta tests of an e-commerce site poised to directly rival Alibaba.
According to Group chairman Jack Ma (pictured) in reports, he aims to make Alibaba the world's leading e-commerce platform within ten years, outpacing even Western rival e-Bay.
According to Group chairman Jack Ma (pictured) in reports, he aims to make Alibaba the world's leading e-commerce platform within ten years, outpacing even Western rival e-Bay.
Alibaba’s dominance in the e-commerce industry has also attracted competition from Chinese portal Tencent, which announced a new ad-exchange platform on the site of its platform TenPay, a digital payment service.
