Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Credit
Company

Alibaba.com launches global online trade show

May 12, 2020


Abstract : Alibaba.com launched its first global online trade show on Monday, as a new channel for traditional trade businesses to reach customers at a time when many exhibitions have been canceled amid the COVID-19 epidemic.

HANGZHOU, May 11 (Xinhua) -- Alibaba.com launched its first global online trade show on Monday, as a new channel for traditional trade businesses to reach customers at a time when many exhibitions have been canceled amid the COVID-19 epidemic.

The trade show is expected to last till May 24 and attract about 200,000 wholesalers each day to visit, inquire and place orders.

Zhang Kuo, general manager of Alibaba.com, said a total of 20 such online trade exhibitions would be held this year to help small and medium-sized foreign trade enterprises get through the difficulty.

Zhang said although COVID-19 has frustrated global cross-border trade, Alibaba.com has maintained an upward trend, with the total transaction in April increasing by 86.3 percent year on year.

Cross-border B2B livestreaming will be introduced into this global exhibition for the first time, with more than 1,000 B2B livestreaming sessions to be held during the exhibition.

"It took only 15 minutes of livestreaming before we began receiving numerous customers from around the globe. The effect is surprisingly satisfactory," said Fan Xuequan, foreign trade manager from Dongguan Dolphin Daily Necessities Co.,Ltd, who was among the first groups to be invited for livestreaming.

"Cross-border wholesale business is about 'perfect matching'," said Zhang, adding that based on big data on the platform, Alibaba.com puts sellers into different layers and has requirements for buyers. Sellers can decide which group of buyers has access to all or part of their content. In this way, the platform can increase the efficiency of matching sellers with buyers, and protect intellectual property.

Alibaba.com, launched in 1999, is a global leading cross-border B2B platform owned by China's e-commerce giant Alibaba Group. Enditem

Scan the QR code and push it to your mobile phone

Keyword: Alibaba online trade

Reading:

China, ASEAN enjoy more opportunities for economic and trade cooperation

Across China: Small businesses look to livestreaming to ring up big sales

Shanghai launches online exhibition platform

China unveils list of 46 new integrated pilot zones for cross-border e-commerce

China Focus: Farmers reap gains in livestream boom

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial