China's Alibaba Moving Toward IPO

Mon Jul 30, 2007 9:26 AM EDT

technology, china, hong-kong, alibaba, alibaba-group

Joe McDonald, AP Business Writer

This article is over 14 days old and has been removed by requirement of the Associated Press.

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Regions: China , United States , Hong Kong, Beijing

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{"commentId":911832,"authorDomain":"wangcui333"}

wangcui333

ATTN: Editor (Business page) "PRESS RELEASE"
For Immediate Release:
For Information contact
Ben Lee 1-408-499-4251 (Santa Clara, CA)
Helen Murphy 1-508-904-6723 (Boston, MA)
http://www.acb2b.com/, http://www.acb2b.cn
AmeriChinaB2B Launches "Reverse Alibaba" Platform, To Help US Businesses Export to China
AmeriChinaB2B Inc, which runs the most visited US-China business to business (B2B) web platforms, launches a reverse direction Alibaba platform, AC-Ali, to help US businesses export to potential buyers in China.
Santa Clara, California, July 20, 2007 – AmeriChinaB2B Inc, the leading provider of US-China business to business online platforms for small and medium sized enterprises (SMEs) looking to export to and import from the Chinese business market, today announced the launch of its reverse direction Alibaba platform, AC-Ali, which will enable US businesses greater access to potential buyers in China.
"Alibaba is a great business to business platform. China's small and medium sized businesses have been able to use Alibaba to export its products worldwide, including the US. Its effectiveness is a big reason why products made in China are so widely available here", said Ben Lee, President and CEO of AmeriChinaB2B.
However, until today, there is not a similar online platform for US businesses to export to China, which is the world's fastest growing market. Demand for many US products in China are very strong, but there are few, if any, effective methods for US SMEs to access Chinese buyers and meet the demand. AC-Ali enables US businesses to list their company and product descriptions in English. AmeriChinaB2B will translate these descriptions in Chinese and put them on its China Business platform www.ACB2B.cn, which attracts a large number of Chinese importers and distributors looking for American products to import to China. Together with AmeriChinaB2B's recently launched keyword advertisement services on Baidu.com, AC-Baidu, AmeriChinaB2B provides the most effective marketing and sales online platforms for US SMEs to find buyers, distributors and sales representatives in China.
AmeriChinaB2B's AC-Ali services empower small and medium sized businesses. These services dramatically reduce the barriers of doing business with China, enabling any business to find customers in China with very little investment.
For more information, please check: AmeriChinaB2B, AmeriChinaB2B Alibaba is the trademark of Alibaba Group.

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#1 - Tue Jul 31, 2007 8:25 PM EDT

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China's Alibaba Moving Toward IPO

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