In covering the eTao incident, the media has largely missed just how brazenly hypocritical Alibaba’s cry for ‘openness’ is.
The story starts with the Baidu-Alibaba feud in 2008. When Baidu launched C2C marketplace You’a, in a failed attempt to break Alibaba’s stranglehold on e-commerce, Taobao responded by blocking Baidu’s spiders from crawling its listings, and continues to do so to this day.
The shares of Chinese internet companies tanked in September amid acute regulatory uncertainty. In the US, the Justice Department is probing for potential criminal charges against the series of Chinese accounting scandals and frauds in March-May. In China, the government is considering reforms to the VIE corporate structure that could constrain the ability of Chinese firms to raise finance and operate off-shore.
Tradesparq makes sourcing social. Want to source dried goji berries from China? Tradesparq tells you who in your network (suppliers, agents, or fellow traders) has the hookup in dried fruit.
The status quo in the B2B trading space are sites that function as huge directories, with Alibaba.com as the 8+ billion dollar gorilla. A search on Alibaba for “dried goji berries” yields 1,987 results. But which is the one supplier you want?
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