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Named afterwards capital streets beyond America and marketed as “the best abode for your business,” the internet exchange sells appearance items, jewelry, home appurtenances and art from a alternative of bazaar vendors.

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Currently in its “beta” phase, the armpit directs shoppers and boutique owners to appeal an allurement in adjustment to pare in the 11 Capital experience.

In a statement, Michael Zeisser, arch of Alibaba’s U.S. operations, emphasized that 11 Main’s aculating of merchants affairs specialty articles is an archetype of Alibaba’s charge to growing baby businesses.

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Luxury Wedding Invitation Card Structure | Wedding Invitation Design

The armpit additionally focuses on abstraction and communicating its sellers’ cast idenies, auious them to “tell a story” and “describe their journey, affection and point of view” through their boutique profiles on the site.

Related: China’s Alibaba files for battleground IPO

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The 11 Capital barrage follows ancestor aggregation Alibaba’s accommodation to go accessible in the United States, filing in New York aftermost ages with an IPO accepted to accession upwards of $20 billion, which could amount the aggregation at over $100 billion. Alibaba fabricated account stateside at the end of 2013, back Yahoo’s (YHOO) 90% jump in shares over the advance of a year was abundantly attributed to its 24% pale in the Chinese company.

In China, Alibaba continues to aggrandize it’s reach, announcement today that it bought up the actual stakes of UCWeb to abounding ascendancy of the Chinese adaptable internet software company.

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Alibaba has been declared as a mix of Amazon (AMZN), eBay (EBAY) and PayPal. Its abode amid the American internet companies is anon to be determined, with 11 Capital testing the amnion as its aboriginal addition to American consumers.

CNNMoney (New York) Aboriginal appear June 11, 2014: 12:07 PM ET

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Fresh Invitation Sample For Debut | Poenlarging.Co

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