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Chronicles

The story behind the story

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Alibaba agrees to handle payments and shipping to China for US stores Saks, Macy's, and others

Alibaba in major initiative to court China consumer for U.S. retailers  —  (Reuters) - China's Alibaba Group Holding Ltd (BABA.N) plans a major move to win U.S. business this year …

Reuters

Context & Ripple Effects

This announcement lands mid-arc for Alibaba's US push: months earlier Jack Ma framed the strategy as helping US businesses sell goods into China, and by June the company had folded its own US marketplace experiment, 11 Main, into OpenSky — conceding it could not win American shoppers directly.

Handling payments and shipping for retailers like Saks and Macy's is the operational follow-through on that pivot: instead of competing with US commerce, Alibaba positions itself as the pipe through which US inventory reaches Chinese consumers.

First-order effects

  • Saks, Macy's, and the other participating US stores gain a route to Chinese buyers without building their own cross-border payments or shipping infrastructure — Alibaba absorbs both functions as intermediary.
  • Alibaba converts its domestic strengths in payments and logistics into a service layer for foreign merchants, monetizing demand it already owns rather than spending to create new demand abroad.

Second-order effects

  • Competing platforms face pressure to offer equivalent turnkey access: Amazon had already chosen coexistence over confrontation by opening its own storefront on Tmall, signaling that even rivals see Alibaba's Chinese audience as worth renting.
  • Alipay's payments ambition runs in both directions — the later First Data deal bringing Alipay users to four million US stores shows the same rails being extended stateside, turning payments infrastructure into a two-way competitive asset against US card networks.

Third-order effects

  • If the pattern holds, cross-border retail consolidates around platforms that control both the payment rail and the delivery leg, with US brands reaching China through intermediated marketplaces rather than owned operations — the 11 Main retreat suggests Alibaba itself concluded owning the storefront matters less than owning the pipes.

The trend: Cross-border e-commerce is shifting from companies building their own international storefronts to platform-controlled pipelines where whoever holds payments and shipping captures the margin.