After meeting with the president - elect this week, Jack Ma, founder and CEO of
Chinese ecommerce site Alibaba, said he was committed to adding 1 million U.S. companies to his hugely popular online shopping platform.
Yahoo's revenue has declined by 33 % since the offer, although its then - small investment in
Chinese ecommerce site Alibaba is now worth almost $ 28 billion.
Not exact matches
Earlier this week,
Chinese smartphone maker Xiaomi undertook an
ecommerce experiment to sell its handsets directly on the Sina Weibo microblogging
site, while the link - up offered Sina a chance to test out its new WeiboPay e-payment service.