Alibaba Rethinks U.S. Expansion With 11 Main Sale

By | June 23, 2015

Scalper1 News

In its bid to break into the U.S. market, Alibaba Group (BABA) appears to have made an early stumble. The China e-commerce giant said that it is selling 11 Main, a U.S.-based consumer e-commerce website that it launched last June, initially as a beta test site. 11 Main sells a range of goods from specialty shops and boutiques, including jewelry, beauty products, sporting goods, toys and tech products. Alibaba sold the site and two related Scalper1 News

Scalper1 News