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8/8/2019 About Alibaba
http://slidepdf.com/reader/full/about-alibaba 1/2
PressRelease
Alibaba.com Fortifies Supplier Authentication with VeriSign
Global B2B E-Commerce Giant Turns to VeriSign Authentication and Verification Process to Help Build Trust in Alibaba.comMarketplace
25 November, 2008 - Connecting nearly 36 million buyers and sellers in a business-to-business marketplace that stretches across
more than 240 countries and regions, Alibaba.com Limited (HKSE: 1688) is committed to providing participants with an e-commerce
experience they can trust. To build that reassurance, Alibaba.com is teaming with VeriSign, Inc. (NASDAQ: VRS N), the trusted
provider of Internet infrastructure services for t he networked world.
A new alliance between the two companies will give suppliers who subscribe toAlibaba.com's TrustPass membership service a way
to verify their status as a legitimate business entity - and c ommunicate that to buyers us ing the VeriSign VerifiedT S eal. VeriSign
seals are the No. 1 sign of trust on the Internet.
When merchants and suppliers enroll in the Alibaba TrustPass membership program, VeriSign will independently authenticate the
business in a multi-step verification process. Only those suppliers who pass the VeriSign evaluation will be allowed to display the
VeriSign VerifiedT Seal on their TrustPass profiles, microsites, and Alibaba.com product detail pages.
Alibaba.com will make the enhanced verification available to its i nternational TrustPass members whose products are carried on the
company's English-language marketplace ( www.alibaba.com ) for global importers and ex porters.
"Now more than ever, buyers are looking for solid reassurance that they're doing business with reliable online suppliers," said Arthur
Chang, Vice President of Global Sales, Alibaba.com. "Adopting VeriSign's authentication and verification process for TrustPass
members will he lp us improve the Alibaba.com experience by giving qualified suppliers the chance to communicate their standing
with the globally trusted VeriSign Sea l."
The new allia nce is an important development for VeriSign's efforts to expand its presence in China, home to one of the world's
fastest-growing economies.
"In an online marketplace, the ability to provide instantly recognizable reassurance of a trusted transaction could determine whether
a particular supplier is chosen or passed over," said Michael Lin, vice president of SS L product management at VeriSign. "That
makes the VeriSign V erified Seal such a critical tool for Alibaba.com suppliers. For TrustPass members who pass VeriSign's
authentication and verification screening, the ability to build trust with buyers is just a click away."
VeriSign Seal is the leading sign of trust on the Internet. Recognized worldwide, theVeriSign Verified Seal appears on Web pages of
merchants whose identities have been verified by VeriSign. Site v isitors click on the seal to verify a merchant's site information in
real time.
About Alibaba.com Limited Alibaba.com Limited (HKSE:1688) is the world's leading B2B e-commerce company. It connects millions of buyers and suppliers from
around the world every day through three marketplaces: an English-language marketplace ( alibaba.com ) for global importers and
exporters, a Chinese-language marketplace (alibaba.com.cn) for domestic trade in China, and, through a joint ve nture, a Japanese-
language marketplace (alibaba.co.jp) facilitating trade to and from Japan. Together, its marketplaces form a community of 36 million
registered users from over 240 countries and regions. Headquartered in Hangzhou, Alibaba.com has offices in more than 30 citi es
across mainland China as well as in Taiwan, Ho ng Kong, Europe and the United States.
About VeriSign
VeriSign is the trusted provider of Internet infrastructure services for the networked world. Billions of times each day, Ve riSign helps
companies and consumers all over the world engage in communications and commerce with confidence. Additional news and
information about the company is available at www.verisign.com/in/ .
Statements in this announcement other than historical data and information constitute forward-looking statements within the meaning of Section 27A
of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties that could cause
VeriSign's actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties
include, among others, the uncertainty of future revenue and profitability and potential fluctuations in quarterly operating results due to such factors as
the inability of VeriSign to successfully develop and market new products and services and customer acceptance of any new products or services,
including VeriSign's Extended Validation SSL Certificates and solutions, the possibility that VeriSign's announced new services may not result in
additional customers, profits or revenues; and increased competition and pricing pressures. More information about potential factors that could affect
the company's business and financial results is included in VeriSign's filings with the Securities and Exchange Commission, i ncluding in the
company's Annual Report on Form 10-K for the year ended December 31, 2006 and quarterly reports on Form 10-Q. VeriSign undertakes no obligation
to update any of the forward-looking statements after the date of thi s press release.
©2008 VeriSign, Inc. All rights reserved. VeriSign, the VeriSign logo , the checkmark circle, and other trademarks, service marks, and designs are
registered or unregistered trademarks of VeriSign, Inc., and its subsidiaries i n the Un ited States and in foreign countries. All other trademarks are
property of their respective owners
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