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Alibaba Group Holding Limited, branded as Alibaba, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.Founded on 28 June 1999 [1] in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer ...
AliExpress ( Chinese: 全球速卖通) is an online retail service based in China and owned by the Alibaba Group. [ 1] Launched in 2010, [ 2][ 3] it is made up of small businesses in China and other locations, such as Singapore, that offer products to international online buyers. It is the most visited e-commerce website in Russia [ 4] and was ...
As of 2017, the company was valued at $12 billion. [100] In June 2017, Pinterest raised $150 million from a group of existing investors. [100] In August 2020, Pinterest paid $89.5 million to cancel a large office space lease on a to-be-completed complex in San Francisco's SoMa area, near its current headquarters. [101]
Temu (/ ˈ t iː m uː / TEE-moo) is an online marketplace operated by the Chinese e-commerce company PDD Holdings. [8] [9] It offers heavily discounted consumer goods [10] which are mostly shipped to consumers directly from China.
Psychological pricing (also price ending or charm pricing) is a pricing and marketing strategy based on the theory that certain prices have a psychological impact. In this pricing method, retail prices are often expressed as just-below numbers: numbers that are just a little less than a round number, e.g. $19.99 or £2.98. [ 1]
Shein, originally named ZZKKO, was founded in China in 2008 by entrepreneur and search engine optimization (SEO) marketing specialist Chris Xu (Xu Yangtian). [11] [5] [12] Information on Xu's educational and career background remains elusive as of 2022, with sources conflicting on details of his biography.
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