Alibaba pays $26m for 25 percent of Sinosoft
By Chen Limin | China Daily | Updated: 2011-02-15 07:50
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Alibaba.com promotes its brand at an Internet exhibition in Beijing. China's top e-commerce operator has been attempting to transform itself into a platform on which all processes of a business transaction can be made. Nan Shan / For China Daily |
BEIJING - China's top e-commerce operator, Alibaba.com Ltd, has bought a 25 percent stake in a Chinese export-services software maker in an effort to improve customer service and fend off fierce competition.
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