Alibaba.com to Acquire Vendio

Alibaba.com, an e-commerce company for small businesses, yesterday announced that it has entered into an agreement to acquire Vendio Services, Inc. (vendio.com), a multi-channel e-commerce company providing a one-stop solution for small businesses that are selling online across multiple channels. The company says that from the Vendio Platform, merchants can source products from its supplier network and sell through channels such as eBay, Amazon, and their own Vendio-supported store. It adds that this platform is offered on Software as a Service (SaaS) cloud-computing model to help businesses increase their sales while managing costs to enhance their profit margin.

The company states that through this acquisition, it gains access to numerous targeted small businesses in the U.S. with potential sourcing needs from suppliers on its sourcing platform and AliExpress (aliexpress.com), a wholesale transaction platform operated by the company. In addition, the acquisition will provide access to e-commerce storefronts and multi-channel selling services for AliExpress customers looking to reach consumers online through the Vendio Platform. AliExpress and Vendio customers are able to source efficiently from the products available on AliExpress and then sell goods through Vendio on the retail marketplaces of their choice around the world.

It further states that with the acquisition, it will connect AliExpress directly with Vendio through back-end integration, creating an AliExpress tab within the Vendio Platform. This integration allows Vendio users to easily access a private sourcing experience within their Vendio inventory and sales management interfaces. Exclusive guarantees, promotions and special deals on AliExpress wholesale products will also be available to Vendio users.