Alibaba Challenges Amazon.com, EBay With Rollout Of 11 Main Shopping Site In US

Alibaba Group Holdings Ltd., the Chinese Internet company prepping a huge initial public offering for later this year, has opened a website for U.S. shoppers, called 11 Main, that has more than 1,000 vendors and will compete with businesses like eBay Inc. (NASDAQ:EBAY) and Amazon.com (NASDAQ:AMZN).