Pandaily: Alibaba.com Introduces New Cross-Border Trade Platform
Alibaba.com, a leading e-commerce marketplace operated by Hangzhou-based internet giant Alibaba, is rolling out new upgrades to its cross-border platform for small and medium-sized merchants. This launch happening this September will provide an enhanced digital integrated service solution to allow merchants to engage in foreign trade seamlessly.
As reported in the latest study by China’s General Administration of Customs, the country’s trade exports in the first quarter of 2022 have reached $1.336 trillion, making it an important pillar underpinning national exports. With that, Alibaba has taken concrete steps to reap these opportunities, such as introducing the Digital Seaport Program in May to help businesses to engage in foreign trade to better cope with risks and challenges posed by the pandemic.
The new platform, open to all cross-border merchants, will cover the core issues in the three stages of pre-sale, sale and after-sale. This aids the onboarded merchants to conveniently and successfully receive orders, deliver goods and receive funds. As posited by Kuo Zhang, general manager of Alibaba.com, the new launch would become a “Digital Seaport” for merchants operating under today’s new market conditions.
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