11 Main: Alibaba’s U.S. debut

Global Business

China’s largest e-commerce company is making its first appearance in the U.S. with the debut of 11Main.com, an invite-only online marketplace that showcases small business retailers.

Industry watchers will be paying close attention because 11 Main is owned by Alibaba, the e-commerce giant in China that filed for an initial public offering in the U.S. in May. Bigger than Amazon and eBay combined, Alibaba had no U.S. e-commerce presence until now.


David Nelson, Chief Strategist with Belpointe in Stamford CT joined CCTV’s discussion on M&A.