Excellence and Taobao deny merger rumors

Keung

Excellent Amazon and Alipay in the third party to cooperate after the payment, the industry has speculated whether Taobao will Alibaba and Yahoo to cooperate with the approach of mergers and acquisitions of excellence in Amazon.

Yesterday, Taobao and outstanding Amazon related people told the first financial daily, the two sides will not be in the future of capital cooperation. Taobao related people told our correspondent, Taobao and excellence does not exist between the acquisition, capital injection, including the operation of any of the funds, and because Taobao is platform-type business, excellence is vertical-type, Taobao and excellence, there is no competition relationship between businesses, so do not exclude the possibility of future business cooperation.

According to the industry to our correspondent, due to Alipay and excellent cooperation before the establishment of good relations, Taobao and excellence network may be in some business cooperation to deal with the current market development, but there is no formal agreement to achieve cooperation.

Excellent Amazon spokesperson told our correspondent yesterday, Amazon is very optimistic about the development of Excellence Network, and continue to increase the investment in excellence, there is no sign that Amazon will sell a network of excellence.

According to our correspondent understand, this July, Amazon Investment of Excellence Amazon new Beijing Operations Center into operation, plus 22,000 square meters of Suzhou Operations Center and 16,000 square meters of Guangzhou operations Center, the Amazon in China's operating center has a total area of more than 70,000 square meters. The new operations Center will provide distribution services to users in Amazon China and more than 60 other countries and regions.

Superb view, continue to increase investment, indicating that Amazon is very optimistic about China's business development, and will not sell the outstanding Amazon Company.