The business model of AliExpress is changing

One of China’s largest technology companies, the Alibaba Group, is changing its fastest growing business line, the business model of AliExpress, which operates an online retail marketplace.

It is opening its doors to retailers in other countries outside China, with the undisclosed goal of becoming a real competitor to Amazon over time – a statement made by Trudy Dai, Alibaba’s Wholesale Director told Financial Times, British economic daily. (MTI)