Alibaba Takes on Amazon, eBay With US E-Commerce Website

Chinese e-commerce company Alibaba Group Holding Ltd unveiled its first direct-to-consumer online shop in the United States on Wednesday, looking to take on Amazon.com Inc and eBay Inc on their home turf. The website, 11main.com, which is currently in beta, will feature a wide range of products, including "one-of-a-kind items, not available at mass merchants and other large e-commerce sites", Alibaba said. The website display...