Alibaba CEO On Vendio Acquisition, Future Of Ecommerce

Alibaba is a leading force in global, business-to-business ecommerce. The company is based in China and it links millions of wholesale suppliers with businesses that resell those products. The company has allocated $100 million (USD) to invest in U.S. ecommerce-related businesses and it just announced the first such investment in acquiring Vendio, the U.S.-based ecommerce platform. Joining us to discuss that acquisition, Alibaba generally, and the future of ecommerce is David Wei, chief execu...