As internet usage continues to rise more and more consumers are shopping online for new products and better prices. This has led to an increase in international ecommerce as people look beyond their own country’s border for that bargain.
E-commerce -industry
Founded in 2010
Headquarters - Hangzhou
Key Persons-Daniel Zhang
Owner (s) -Alibaba Group
Holding company-Alibaba Group
A Brief History
Aliexpress was launched by Alibaba Group in 2010 as a B2C platform for Chinese companies to sell to foreigners.
Hangzhou-based Alibaba Group is a huge Chinese ecommerce company which dominates their domestic B2C market with offerings such as Taobao and Tmall. Already very well known for their international B2B platform Alibaba.com, it finally achieved true worldwide recognition when they launched the largest ever IPO in New York in September 2014.
What to buy ? For what is Aliexpess
You can check out the best selling products on this page of Aliexpress’ website. Clothing, accessories and electronics are usually the best selling items.
With so many products manufactured in China, the choice of products is almost endless. As you’d expect on a B2C platform, consumer products make up the bulk of the items.
Restrictions :
AliExpress does not allow buyers in China to buy on the platform, despite the fact that all retailers are Chinese. Pros and cons AliExpress:
Pros :
1. Low startup costs 2. Flexibility 3. Minimal overheads
4. Versatility
Cons:
1. Highly competitive
2. Not much control
3. Shipping times 4. Low profit margins
5. Difficult returns and refunds
AliExpress in Ukraine
According to Alexa Internet, as of November 2017, the AliExpress online store ranks 14th in terms of traffic in Ukraine.
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