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Article: Alibaba Group (HKG:1688) Alibaba.com Helps Consumers Go Green and Save Some Green
- Article from:
- abnnewswire.net
- Article date:
- April 21, 2009
- Author:
CopyrightCopyright 2009 ABN Newswire. (Hide copyright information)
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Alibaba Group (HKG:1688)(PINK:ALBCF) The global trade in green products is increasing dramatically, according to popular searches on Alibaba.com, the world's leading B2B e-commerce company.
Analysts had forecast that the multibillion-dollar green products market would lose momentum as consumers worldwide curtail their spending due to the economic downturn, but this trend is not supported by data collected by Alibaba.com. In fact, searches for alternative energy resources such as solar and wind, electric cars, bio-diesel and organic products increased steadily on Alibaba.com over the past two years, driven by growing mainstream environmental awareness, especially in developed countries ...