Forbes quoted Michael Evans’ statement that Alibaba plans to set up new branches in other two US cities. There will be five cities to attract branded retailers for its domestic clients.
Michael Evans who is responsible for international business of Alibaba suggests that the company will set up new branches in New York city and Washington D.C. by the end of this year or the first quarter of 2016.
Alibaba has set up offices in Seattle, San Francisco and San Mateo. Its offices will major distribute in the West Coast and East Coast.
Alibaba adjusts its internationalization strategy, focusing on introducing the oversea branded retailers to China so that to sell goods to the Chinese customers. In face, the imported products are also one of the promoted themes on November 11 promotion.
The company will analyze what kind of imported goods or oversea brands that Chinese customers prefer from the November 11 purchasing records.
Alibaba is also busy in exploring its business in European market. It set up the London office as the European headquarter for business management lately. The company will continue to open its new office in France, Germany and Italy in the hope of attracting more sellers.
Alibaba once took over some e-commerce business in US and open the online stores for US consumers but failed. Alibaba is incompetent to rival with Amazon there. After that, Alibaba attracted and cooperated with branded sellers for domestic e-commerce platform.
In addition, Alibaba invested great amount of sum in mobile internet startups in US and India, such as it invested about $600 million on a mobile payment company in India.
