GOING GLOBAL: Alibaba
Jack Ma, the founder of China's Alibaba Group Holding Ltd, said the firm will set up an international version of its e-commerce marketplace Taobao to serve shoppers worldwide in multiple languages, including English and Chinese.
Alibaba currently has an internationally oriented business-to-business e-commerce platform called Aliexpress, but does not have a similar offering for consumers to sell to each other.
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