Alibaba Buys Auctiva

August 24, 2010

After acquiring Vendio just a couple months back, Alibaba just purchased Auctiva. Vendio and Auctiva run in the same circles, but according to the FT, “Auctiva is larger, processing about $5bn in goods annually versus $2bn at Vendio, said Alibaba chief executive David Wei.”

This is part of Alibaba’s $100M plan to invest in AliExpress, encouraging sellers to source products from China.

Who will Alibaba buy next? Will this force eBay to make a move?

Ina Steiner of AuctionBytes:

It will be interesting to see how Alibaba will consolidate Vendio and Auctiva’s tools. I especially wonder what eBay thinks of its Chinese rival now owning two important third-party vendors and having access to rich data about its sales and its sellers.


Alibaba Acquires Vendio, eBay Acquires RedLaser

June 24, 2010

Alibaba Acquires Vendio – Here’s the press release. Congrats, guys!

eBay Acquires RedLaser – Here’s the WSJ take.

Activity picking up in the ecommerce space.
-GSI acquired FetchBack at the beginning of June.
-Alibris acquired Monsoon Software at the end of February


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