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Share topicYup, actually one of my best friends from college was a big muckey-muck there until the buyout by Yahoo. Basically they are based in Hangzhou china and they are there to connect you (a person with a product you would like to bring to market) with manufacturers, primarily in china, or suppliers of component parts- also usually in the Far East. They put the 2 of you together, you go off and make oodles of $$ with your t-shirt or dishes or toys and they charge a fee on both sides. After their purchase by Yahoo I believe they also began doing some serious ad revenue but my 'inside' info left at that point so I am not as up on what has happened there in the last year or so. Hope that helps!
Posted by Monica Dennis, Stratford, Connecticut | Aug 20, 2008
Alibaba.com
Hi everyone! Anyone know what the deal is with Alibaba? I was on their site trying to figure out what the point would be of joining up - other than B2B opps - but I can't figure out their premise. I may be dense. Can anyone clue me in?
2 Bizniks have posted replies
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Posted by Sarah Brand, Seattle, Washington | Aug 22, 2008 -
Posted by Monica Dennis, Stratford, Connecticut | Aug 22, 2008Yeah, it does. A lot. Thanks so much! I already know I don't want to manufacture overseas but it's always nice to know what's possible.
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