Junk Competition or New Portal ?

About: alibaba premium marketplace

Invest in shipping maybe.

Tags

  1. global commerce
  2. wholesale
  3. retail
  4. amazon

Comments


Mark de LA says
It is not for naught that his website is named after Ali Baba and the Fourty Thieves. Be careful.  If he has a niche the same as yours on his website then what?
Business news today about an IPO is what caught my attention because I had never known what he was selling before now.


Seth says

thanks for the bookmark. 

we have tried this now and again but never ended up making a transaction.  it's a way to do wholesale shopping in foreign markets.  been around for a while.  looks like they spruced it up a bit.  its not necessarily junk ... er, that is unless all that shit you can buy at Walmart is junk ... which it almost certainly is .

... but thanks, i will try it again ... who knows, maybe find a product.

Mark de LA says
seth 2014-09-18 10:43:56 17774

Seth says
source: mark
If he has a niche the same as yours on his website then what?
Well i still think that at this level of transaction, this is wholesale not retail ... notwithstanding that MarketWatch characterized them as a "Chinese online retail giant" (if you doubt that, then delve into a specific item and find out ... but who knows, maybe i got them mixed up with another site).  So they are no competition for our strictly retail mostly domestic site.  Amazon, now that is where we get competition ... and i suspect many of AliBaba's vendors are actually listing on Amazon ... er, fuckem, we can't beatem, so had to joinem.   Now, as to what is going on in China and points far East ... i have no idea. 

Seth says
this needs to be reported here ...
source: wp

Alibaba shares rise 36 percent to open at $92.70

Alibaba’s stock is rising 36 percent in the Chinese e-commerce powerhouse’s debut as a publicly traded company.

The stock opened at $92.70 on the New York Stock Exchange on Friday morning. At that price the company would be worth $228.5 billion.
I am still thinking of sourcing a product direct from china through this "portal".   Cheap being good if you can cut out the middle man ... or is it?

Mark de LA says
seth 2014-09-19 10:08:52 17774
this needs to be reported here ...
source: wp

Alibaba shares rise 36 percent to open at $92.70

Alibaba’s stock is rising 36 percent in the Chinese e-commerce powerhouse’s debut as a publicly traded company.

The stock opened at $92.70 on the New York Stock Exchange on Friday morning. At that price the company would be worth $228.5 billion.
I am still thinking of sourcing a product direct from china through this "portal".   Cheap being good if you can cut out the middle man ... or is it?
I smell a bubble coming. The stock market is betting the Federal Reserve's money.


Seth says
source: mark
I smell a bubble coming. The stock market is betting the Federal Reserve's money.

well the stock market sucks.  i don't even think it is a useful measure of our real economy.  seems to be more just a measure of the value of paper things as valuable as Beanie Babies.  Those seem to go up and down in proportion to greed and corruption.  It is at a record high now.  i expect the bubble will bust just when the cycle is through.  if i could smell it coming, i would be a monied rich man. 

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