Jin Bo
Nov 16, 2010

Alibaba to acquire export service provider Shenzhen One-Touch

HONG KONG - Alibaba.com has entered into an agreement to acquire Shenzhen One-Touch Enterprise Service ('One-Touch'), a provider of one-stop services for exporters in China.

It is Alibaba's fifth acquisition in the past 12 months.
It is Alibaba's fifth acquisition in the past 12 months.

Alibaba said this furthers its goal of transforming its platforms from 'Meet at Alibaba' to 'Work at Alibaba.

One-Touch is a leading provider of comprehensive export-related services tailored to the needs of small businesses in China. With the acquisition of One-Touch, Alibaba.com not only gains a strong management and operating team, but also expects to improve the stickiness of its website by adding to the range of export-related value-added services available to members in the whole transaction chain.

"One-Touch will bring a lot of synergies to our business and enhance our members' user experience by reducing the time and money they spend managing their export process and procedures," said David Wei, chief executive officer at Alibaba.com.

This is Alibaba.com's fifth acquisition in the past 12 months, following Alisoft, a 'software-as-a-service' provider; Hi-China, an Internet infrastructure services company; and Vendio and Auctiva, two leading US providers of e-commerce solutions for online merchants.

Source:
Campaign China

Related Articles

Just Published

15 hours ago

How Japanese car brands can race past US tariff ...

UltraSuperNew’s Marc Wesseling recommends automotive car brands to focus instead on Asian markets and continue to craft compelling narratives with local cultural insights.

16 hours ago

Microsoft's 50th anniversary campaign veers away ...

The campaign was done by global design studio Koto and is featured in digital, physical, and live touchpoints.

17 hours ago

Pocari Sweat, Promag top YouGov's list of March ...

Pocari Sweat's chuckle-inducing horror comedy ad for Ramadan featuring influencer Farid Jaidi gave it an edge over the competition.