Leading Chinese ecommerce company Alibaba.com unveiled its plans to acquire Vendio Services Inc as a first step in its move to further expand in the global market.

Vendio Services, Inc. is an American Internet software as a service (SaaS) company that provides sales management software by subscription. A majority of customers use Vendio for its eBay auction management program and eBay applications.

"From the Vendio Platform, merchants can source products from Alibaba.com's trusted supplier network and sell through channels such as eBay, Amazon, and their own Vendio-supported store," the company said in a statement. Terms of the deal were not disclosed.