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Alibaba Buys Vendio, Gains 80,000 eBay, Amazon Sellers

June 24, 2010, 1:23 pm
Alibaba.com has announced its acquisition of Vendio , a multi-channel e-commerce company offering solutions for small businesses that let them sell through channels such as eBay, Amazon, and their own Vendio-supported stores. Through the acquisition, Alibaba is gaining access to over 80,000 targeted small businesses in the U.S. and can direct them to Alibaba's own Aliexpress wholesale transaction platform.

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