First it was popping up on many news websites, about a week ago, and now in a lot of higher ranking websites of any type.
Alibaba takes the 2nd spot on the top eCommerce companies in the world list.
As it also publishes manufacturers names, details and pricing and it is accessible by anybody, with an internet connection.
It was initially lead by only 18 people, providing B2B and B2C services Alibaba takes the 2nd spot on the top eCommerce companies in the world list. Starting from selling goods that were produced by local people to international markets it have risen to a place where it has become global leader in online marketing.
t generates merchandise in large volumes that dominates Amazon and Ebay. It provides services like a search engine for hopping, data eccentric cloud computing services and also electronic payment services.
It also has 63% of online commercial trade in China. They provide infrastructural and technological products to merchants, brands, other businesses, small industries. They have their businesses expanding into core commerce, Digital media, Entertainment, Cloud computing. They also provide logistics support to local services sectors. Providing a platform to share social interactions among its consumers and merchants it is renowned as one big reason for flourishing small businesses houses in China.
It started expanding into the markets by always showing an increase in revenue by 3 digit percent every year. Two Alibaba’s portals have recorded a sales of 1.1 trillion Yuan in 2012. By 2014 the value of its assets has reached 231 US billion dollars. By 2016, it surpassed WalMart. It also encouraged the suppliers from various other countries but mainly concentrated in the suppliers from China. In order to achieve sustainability in long run, Business models and systems are built which lasts.
Revenue: $ 15.6 Billion
It publishes the products, manufacturers, pricing and minimum quantities at that price, including pictures with enlargements.
I have known Alibaba for many years and found quite a few connections, and customers in the Far East through them.
This will, or could change the optical retail world as we know it, and also show that the Online Optical’s still make money selling at lower pricing, contrary to many statements made right here on OptiBoard over the years.
Here are the direct access links for optical products, as frames and lenses:
Frames: 256 pages
https://www.alibaba.com/trade/search...es&isPremium=y
Lenses:
https://www.alibaba.com/trade/search...value=171-1153
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