Alibaba to acquire export service provider Shenzhen One-Touch

Alibaba said this furthers its goal of transforming its platforms from 'Meet at Alibaba' to 'Work at Alibaba.

One-Touch is a leading provider of comprehensive export-related services tailored to the needs of small businesses in China. With the acquisition of One-Touch, Alibaba.com not only gains a strong management and operating team, but also expects to improve the stickiness of its website by adding to the range of export-related value-added services available to members in the whole transaction chain.

"One-Touch will bring a lot of synergies to our business and enhance our members' user experience by reducing the time and money they spend managing their export process and procedures," said David Wei, chief executive officer at Alibaba.com.

This is Alibaba.com's fifth acquisition in the past 12 months, following Alisoft, a 'software-as-a-service' provider; Hi-China, an Internet infrastructure services company; and Vendio and Auctiva, two leading US providers of e-commerce solutions for online merchants.