Alibaba Launches Bookselling Site
Posted at 8:03AM Friday 15 Jun 2012
Alibaba Group Holding Ltd, the e-commerce giant, has fired the latest salvo across the bows of its main rivals, with the launch of a book-selling service through its subsidiary Tmall.com.
The new online service will go live on Thursday, promising 1.3 million titles, Alibaba said, through more than 1,000 online booksellers that market their stores on the site, putting it head-to-head with competitors including bookseller-turned e-commerce operator E-Commerce China Dangdang Inc and the Chinese branch of Amazon.com Inc.
Get book trade news by email
Daily book trade headlines and breaking publishing news by email - just £3 a month. Click on the Subscribe button below to sign up now
Find out more
More Book Trade News
PRH Canada Opens Toronto Bookstore
Penguin Random House Canada has opened a new "Penguin Shop" bookstore on the first floor of the tower that houses the company's offices in Toronto
Most Popular Stories
- Man Booker winner The Luminaries adapted for TV
- Vice Head: Prepare For Media Bloodbath
- How to Be Active on Social Media without Losing Your Mind
- Marilynne Robinson wins literary peace prize for tales 'of reconciliation and love'
- Boardman Tasker Award for Mountain Literature 2016 Shortlist
- Donald Trump Used $55k Of Campaign Funds To Buy His Own Book
- Beijing Book Fair 2016: Positive Vibes And Surprising Growth
- Women in UK still far adrift on salary and promotion
- Meet the 'Human Google' at the New York Public Library
- 'Do a Bradbury' and 'bogan' among 6,000 new entries in Australian National Dictionary