online retail ceo co-founder, overstock.com patrick m. byrne. good to see you, patrick. what do you think of the deal? >> david, great to see you. i've just learned about it, a couple hours ago. i think it makes a lot of sense for them, rather than starting a brand from scratch, alibaba gets to start on zulily which is already a fast growing brand. it's a smart deal for alibaba. david: are you worried about alibaba as competitor coming into the u.s. market? >> it's a big world. it's a big pond. we're all small fish in multi-hundred billion dollar pond. it's a big pond. we're not worried but always attuned to our competition. david: you have to be attuned. we all love competition. that is the best thing for consumers, keeps competitors on their toes, there ain't that much competition in china. amazon and ebay tried to get involved in the chinese market, forget about it, they can't get in? >> it is hard to go in as their brand. we're opening a warehouse in china. it comes live and we'll be up on t-mall or tau bow. we'll be on the largest marketplace sites with our good. th