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Alibaba lets US small medium businesses to sell on platform

NEW YORK — China’s e-commerce juggernaut Alibaba will allow nearly 30 million small and medium-sized businesses from the U.S. to sell on its platform in the U.S. and around the globe.Alibaba is looking to juice its growth, which has been held in check by Amazon and threatened by trade tensions between the U.S. and China.U.S. businesses, until Tuesday, were only able to buy merchandise on Alibaba.com.In March, Alibaba.com and Office Depot announced a co-branded online store to expand the reach of both companies with small and medium sized businesses.The lion’s share of Alibaba Group’s business has been providing retailers and brands in the U.S. and around the globe access to the 700 million Chinese customers through its two major marketplaces, Taobao and Tmall.Anne D’Innocenzio, The Associated Press

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