EcommerceBytes-NewsFlash, Number 2888 - September 10, 2012     3 of 3

Alibaba's Jack Ma Shares Vision of Ecommerce at AliFest

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Alibaba expects to sell more merchandise this year than Amazon and eBay combined, according to the company's chief strategy officer, Reuters has reported. Zeng Ming was speaking at Alibaba's 9th annual ecommerce conference AliFest in Hangzhou, China.

Alibaba founder Jack Ma spoke at the event, describing his vision of the future of ecommerce. The theme of this year's AliFest is "The Power of Netrepreneurs: The Path of E-commerce."

Also speaking at Alifest were Export Now CEO Frank Lavin, former U.S. Under Secretary of Commerce, wo led a panel discussion exploring the friction between innovation and intellectual property protection; and Pulitzer Prize-winning journalist Thomas Friedman who highlighted ten rules on how businesses can thrive in this ever hyper-connected world, as well as key international trends in technology, the global economy and the environment.

Alibaba Group's annual Alifest conference brings together the global ecommerce community to exchange ideas, network, source products and discuss the future of the Internet.

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Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to

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