Guangzhou, 28th April: Pacific Epoch and 163.com report that Alisoft, the software-focused subsidiary of the Alibaba Group, has successfully launched its new product, “Shopkeeper.” Shopkeeper, a back-office financial management software, was launched on 12th April. Since then, Alibaba reports that 150,000 small- and medium-sized enterprises have registered to use the free software. On the back of this positive response, Alisoft has released an “online store version” which targets online sellers such as those using Taobao.com, Alibaba’s consumer-focused e-commerce site. The online store version of Shopkeeper includes functionality that allows users to add price tags to product photos, revise prices for groups of products, calculate profit margins and print invoices.  Source: Pacific Epoch article

BIIA Newsletter May 2009 Issue