"Forbes" Magazine Reporter Lai Ann Mark (Mac Ryan) broke the news that the Chinese business giant Alibaba is positive online market Jet.com into the unknown amount of funds. Jet.com is not on the line, but is known to replace the Amazon startups.

Jet.com is created by the electricity supplier website Diapers.com CEO Mark Carol (Lore Marc), is committed to the use of its dynamic pricing model to compete with amazon. The company has more than 200 million U.S. dollars of financing, the recent valuation of about $600 million.

Said in an interview in February, after the new financing 140 million $Jet.com no more financing plan. Although he had previously said, Jet.com final financing amount will reach $600 million.

For the Alibaba, the investment is still its strategic embodiment. Alibaba adhere to the Usa Inc to invest, to gain insight into the new trend of Silicon Valley, and to form a cooperative relationship.

Jet.com April has begun testing. Like Amazon, the company will sell any commodity, but the promise of commodity prices will be lower than other competitors from 10% to 15%. But people need to pay $50 a year. It is very much like the United States, the largest chain store warehouse reserves store Costco, only to take online sales.

Jet.com plan through the following programs to achieve the goal of ultra low price shopping.

The buyer can merge multiple orders for an invoice, get a lower price. For example, if you want to buy a football and leggings, you can also see the sale of the two goods sellers list can save you $5 shipping fee.

In addition, you can go shopping from local retailers, or to accept more slow way to save money than Amazon free delivery business. If you choose to pay the bill with a debit card instead of a credit card, you can save 1.5% of your expenses.