The Alibaba Group announced on Tuesday that it will be launching a new U.S.-based eCommerce site.
11 Main is billed as online store including products from a variety of merchants and sellers, Reuters reported on Feb. 11. The site is not yet live.
“Alibaba is happy to support 11 Main,” an Alibaba spokesperson said in a statement. “Alibaba is run by entrepreneurs and firmly believes in supporting entrepreneurs with great vision and a strong sense of mission for their companies.”
In a recent commentary, Market Platform Dynamics CEO Karen Webster wrote that Alibaba was well-positioned to make a push into the international eCommerce scene. Read what she has to say on the matter by clicking here.
“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.
