Alibaba announces the launch of AliExpress, an English e-commerce platform that supports smaller quantity orders, instant online transactions and an escrow service to protect buyers and sellers, is targeted at the U.S. market.  “AliExpress has been doing well since its trial operation starting from September 2009, and has fought into the top three of international online trade platforms,” said David Wei, chief executive officer of Alibaba.   Source: Xinhua

BIIA Newsletter May I – 2010 Issue