Made-in-China.com
B2B sourcing marketplace connecting global buyers to Chinese manufacturers, run by Focus Technology.
On the record
Checkpoint: Focus Technology Q2 2026 earnings, checking if 20% cash-collection growth target holds
The call
Made-in-China.com is growing and profitable, but it sells the same thing Alibaba sells at a fraction of the scale, with no wall keeping Alibaba's AI push out.
Made-in-China.com helps buyers around the world find and contact factories in China to purchase products. It makes money by taking fees on deals and charging suppliers to list their products. The main reason it could disappear is that Alibaba.com is much bigger, already serves the same customers, and is building AI tools (called Incommerce11) to automate the whole process of matching buyers with sellers, which is exactly what Made-in-China.com does. Made-in-China.com has some protection from its database of verified suppliers and its payment safeguard system, but neither is hard for Alibaba to copy. The one thing that could save the company is if its verified-supplier data and trusted-payment system become so valuable that buyers choose it over Alibaba's AI tools anyway, but that is uncertain.
Why
01
AI pressure: Alibaba's Incommerce11 AI-agent rollout on 1688/Alibaba.com. If AI agents become the default way buyers find and vet suppliers, Made-in-China's search-and-match layer gets skipped entirely. Could AI do the core job? Only partly.
02
Bigger players: Alibaba Group. Alibaba runs a bigger version of the same marketplace and can copy any feature Made-in-China ships, including its own AI tools. Could a giant copy it? Yes, easily.
03
What protects it. Verified-supplier data, escrow payment infrastructure, and a 9-quarter streak of paid-membership growth buyers already trust.
What would change this call
Alibaba's Incommerce11 AI agent rollout across 1688 and Alibaba.com in 2026. Shows whether Alibaba can automate sourcing well enough to pull buyers from Made-in-China.com.
Focus Technology Q2 2026 earnings, especially cash-collection growth versus the 20% YoY target. Indicates whether MIC's paid-membership and revenue momentum is holding or slowing.
Any resolution of the September 2025 shareholder stake-sale report. Would signal insider confidence or concern about the company's near-term prospects.
Focus Technology Q2 2026 earnings, especially cash-collection growth versus the 20% YoY target. Indicates whether MIC's paid-membership and revenue momentum is holding or slowing.
Any resolution of the September 2025 shareholder stake-sale report. Would signal insider confidence or concern about the company's near-term prospects.
Key numbers
- FY2025 revenue CNY 1.921 billion, +15.1% YoY
- Platform traffic up 33% YoY
- Stock down ~30% YTD as of July 2026
Named risks
- Alibaba's Incommerce11 AI-agent rollout could erode MIC's directory-and-match differentiation.
- 100% dependence on facilitating China-origin cross-border trade exposes MIC to US-China tariff shocks.
- September 2025 report of shareholder stake sales could resurface and pressure an already volatile stock.
- Conflicting headcount data (StockAnalysis vs Revelio Labs) signals uncertain workforce trajectory.
Rivals, as read in July 2026
| Rival | Direction | Evidence |
|---|---|---|
| Alibaba.com / 1688.com (Alibaba Group) | gaining on | Rolling out Incommerce11 AI-agent system across e-commerce ecosystem in 2026, larger scale than MIC |
| Global Sources | contesting | Positions itself as more curated/premium with rigorous verification, per 2025-02 vendor comparison |
| DHgate | contesting | Competes for same cross-border B2B sourcing buyers as of 2026 |
| IndiaMART | contesting | Non-China analog competing for global B2B sourcing traffic |
Questions people ask
- Is Made-in-China.com profitable in 2026?
- Yes. Parent Focus Technology reported FY2025 consolidated revenue of CNY 1.921 billion, up 15.1% YoY, and net profit attributable to shareholders of CNY 504-505 million, up 11.6% YoY, as of December 31, 2025.
- Could AI replace Made-in-China.com?
- Its core buyer-supplier matching workflow is directly exposed to generic AI search and agentic sourcing tools, especially Alibaba's Incommerce11 AI-agent rollout in 2026, though proprietary verified-supplier data and its escrow-based Secured Trading Service give it some defensible ground.
- Who is Made-in-China.com's biggest competitor?
- Alibaba Group, via Alibaba.com and 1688.com, is the dominant rival, running the same B2B sourcing model at far larger scale and rolling out its Incommerce11 AI-agent system across its e-commerce ecosystem in 2026.
- Who owns Made-in-China.com?
- Made-in-China.com is operated by Focus Technology Co., Ltd. (SZSE: 002315), a publicly listed Nanjing-headquartered company that IPO'd on the Shenzhen Stock Exchange on December 9, 2009, with a market cap of roughly CNY 9.6-10.2 billion as of mid-2026.
- Is Made-in-China.com growing or losing users?
- Growing per company-reported figures: paid memberships rose for nine consecutive quarters through 2025, platform traffic grew 33% YoY, and its 'Amazing April 2026' sourcing event drew over 10 million active buyers worldwide, according to the company.
- What is SourcingAI and when did Made-in-China.com launch it?
- SourcingAI is Made-in-China.com's AI sourcing assistant, supporting natural-language search and sketch recognition to match buyers with suppliers; it launched in April 2026 and expanded in May 2026, with the company claiming up to 35% procurement-efficiency improvement.
Timeline
- 2026-07-14Made-in-China.com showcases 3D modeling and SourcingAI at Manufacturing Expo Thailand
- 2026-05-28SourcingAI update touted to turn supplier data into AI-driven decisions
- 2026-04-30'Amazing April 2026' sourcing event claims over 10 million active buyers worldwide
- 2026-04-24SourcingAI unveiled as flagship AI sourcing tool
- 2026-04-17SourcingAI announced, tied to 2.5M+ suppliers and 110M listings
- 2026-03-26Focus Technology FY2025 financial report released, revenue up 15.1%
- 2025-09-12Report surfaces of shareholders planning stake sales, later withdrawn
- 2025-08-21PitchBook records private secondary transaction involving Focus Technology
- 2009-12-09Focus Technology IPOs on Shenzhen Stock Exchange
Head to head
Revision history
22 July 2026
First assessed. Losing its protection. The text above is fixed as of this date and is not edited afterwards.
In the same band
Sources
- 002315) Stock Price & Overview (2026-06-25)
- FOCUS TECH(002315) 2025 FINANCIAL REPORT (2026-03-26)
- Made-in-China - Overview, News & Similar companies (2026-07-06)
- gurufocus.com (2026-07-22)
- Alert incorrectly tagged to Focus Technology withdrawn (2026-07-22)
- 002315) Number of Employees (2025-12-30)
- Focus Technology Number of Employees 2026 (2026-06-29)
- Meet SourcingAI: The Best AI Tool to Find Reliable Chinese Suppliers (2026-04-17)
- Made-in-China.com Introduces SourcingAI to Transform Supplier Data into AI-Driven Decisions (2026-05-28)
- The Ultimate AI Tool for Sourcing Chinese Products Globally (2026-04-24)
- 002315) Company Profile & Description (2026-07-06)
- Made-in-China vs Alibaba: Which Is the Better Sourcing Platform? (2026-06-01)