Alibaba Group Holding Limited is a Chinese multinational company. This company which is one of the top eCommerce websites specializes in eCommerce, Internet, technology, and retail. This website is no longer just the best website in China but also one of the topmost frequently used and trusted eCommerce websites all around the globe. We will tell you about the detailed History of Alibaba.
Alibaba multi-national does not only own Alibaba.com but also has 2 other main sites names as; Taobao and Tmall. All of these online websites have millions of users seeking advantages. Alibaba as a company holds more business than any other e-commerce company does. Its only mission worldwide is to make business easy to do anywhere for anyone.
How Alibaba.com Started:
Alibaba was established in 1999 by 18 people. It was led by Jack Ma, who was a former English teacher in Hangzhou, China. In the beginning, when Alibaba’s first website was launched, it helped all the small Chinese manufacturers, exporters and entrepreneurs to sell their goods on an international level.
Alibaba Group has now grown into being a global leader in mobile commerce and online. Today, this company and all its related companies manage and operate wholesale and retail online marketplaces as well as businesses in other fields.
How Does Alibaba Make Money?
Aliexpress and all the other e-commerce platforms of Alibaba make the money by charging commission. This commission is of a percentage of the total transaction value on which the goods are sold.
Its commission range varies from 5% to 8% of the total transaction value. But that’s no it, as Aliexpress and other sites also charge a fixed amount of $150 + the store fee, in order to start or change the store on the platform.
Also Read About: History of eBay
Best-Selling Products On Alibaba:
As one of the biggest eCommerce websites around the globe, Alibaba provides its customers with the best experience. To avail the best of experience, you should look over to some of the best-selling products that Alibaba offers and are most in-demand are:
- iPhone Tempered glass
- Portable Charging bin
- iPhone Case
- Wireless Bluetooth Earphone
- iPhone cable
- Rainbow Brushes
- Nail Art Designs
- Teeth Whitening Powder
- Nail Stickers
- Flowered iPhone Cases
- Long Sleeve Top For Girls
- Micro USB Cable
- Magnetic Micro USB Cable
- Fake eyelashes
- Nail Gell
- Screen protector for iPhone
- Gofuly Watch
- Lipstick Pencil
- Titanium Ring for Men
- Xiaomi Screen protector for iPhone
- Magnetic Car Phone Holder
- 3D Magnetic eyelashes
- Leather Card Holder
- Curved Glass Protector for Samsung
- Crystal Ring (adjustable)
- Leather iPhone case
- Wooden makeup brush for foundation
- Samsung silicone cases
- Anti RDIF Wallet
As with all this, one of the most important reasons Alibaba and all its platforms are most trusted is that it is completely safe and a profitable platform. It is one of the best platforms for any entrepreneur to sell their goods on a higher level of market or to a higher level of customers.
With this, the safety is ensured so, if someone doesn’t receive their desired product, then Alibaba takes full liability on such conditions. Afterward, to handle such situations safely and to maintain the customers’ trust, it securely handles the disputes with the supplier for its customers.