Alibaba signs agreement
Source: Xinhua |
July 20, 2012, Friday
|
Print Edition
Print Edition
CHINA'S largest small commodity wholesale market joined hands yesterday with e-commerce powerhouse Alibaba to promote its online business.
Yiwu-based Zhejiang China Commodities City Group Co Ltd and Alibaba Group inked a deal yesterday afternoon in Hangzhou, capital of Zhejiang Province, to improve cooperation of the two sides in the field of e-commerce.
"The deal will take the full advantages of each side in commodity outsourcing, logistics as well as in marketing and human resources," said Jin Yonghui, director of the Department of Commerce of Zhejiang Province.
Dealers at Yiwu marketplace will be able to open online businesses at Tmall.com, a B2C online marketplace for high-end goods. Alibaba will also provide Yiwu marketplace dealers with e-commerce training.
Yiwu-based Zhejiang China Commodities City Group Co Ltd and Alibaba Group inked a deal yesterday afternoon in Hangzhou, capital of Zhejiang Province, to improve cooperation of the two sides in the field of e-commerce.
"The deal will take the full advantages of each side in commodity outsourcing, logistics as well as in marketing and human resources," said Jin Yonghui, director of the Department of Commerce of Zhejiang Province.
Dealers at Yiwu marketplace will be able to open online businesses at Tmall.com, a B2C online marketplace for high-end goods. Alibaba will also provide Yiwu marketplace dealers with e-commerce training.
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