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Home › Blog › Alibaba.com chooses Switzerland for European Market Entry

Alibaba.com chooses Switzerland for European Market Entry

Recently I read this article about Alibaba.com’s European Market entry. It summarized the very interesting Alibaba.com case:

  • Alibaba.com is the largest Chinese B2B Marketplace (matchmaker between buyers and sellers of all kinds of goods, from T-Shirts to Trains or Factories) and rapidly growing worldwide (28M Users)
  • In November 2007, Alibaba.com raised $1.7B in an IPO
  • Revenue for 2007 was 200M EUR and profit was 87M EUR
  • Alibaba.com recently opened an office in Geneva to push the Swiss and European Market Entry
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Tags: Alibaba, China
Category: Wealth



July 6, 2008May 20, 2020 by Remo Uherek

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