Only this month, June 2015, EMerging Equity reported the following:
June 2, Alibaba opened operations in Russia.
June 14, Xinhua news agency noted that “Alibaba has expressed interest in doing business in Latin America with a particular eye on Mexico, Brazil and Argentina.”
June 16, EMerging Equity noted that “Chinese online retailer JD.com (Jingdong Mall) has chosen Russia as the first overseas market for its expansion, said company’s official Victor Xu. The firm aims to become an e-commerce leader in the Russian market within five years,” according to RT.
June 19, according to Cloud News Asia, we read that Alibaba had managed to secure some cloud computing government related deals.
Our point is, there is no week China's e-commerce companies were not active on the international commercial scene. They constantly keep looking for business opportunities abroad.
It's worth noting that China’s e-commerce model has been very successful so far and the China's retail market is expected to be worth $10.3 trillion by 2018, compared to the $5 trillion in sales projected for North America. So why not to expand it offshore?
Here is the latest piece by Frontier Market Strategy explaining the reasons why generally Chinese companies go abroad. Enjoy the article.