June 17, 2021

Ali will be 18 on the line of 1688 global sourcing platform

NetEase science and technology news May 5th news, today, Alibaba officially announced that its website 1688.com will be formally launched on the 18 global sourcing platform, an important part of the group’s cross-border import strategy. Alibaba senior vice president Wu Minzhi said, to make 1688 of global import distribution platform, and the use of logistics support and data flow service to do the import commodities traceability fidelity.

according to reports, the current 1688.com platform has 120 million of the global B users, 150 million online browsing generated every day; there are more than 10 million enterprises company opened shops, covering clothing, Home Furnishing, industrial products such as the 49 level industry, 1709 industry two. 1688 division senior director Liu Fei introduced earlier in the global strategy of Ali, the international big consumers for having heard it many times have been introduced to the retail platform.

it is understood that compared to the traditional model of imported goods from 1688 at present, global sourcing platform through the 1688 businesses, the cost can be reduced from 20 to 40%, time can save 15 – 60 days, Liu Fei revealed that 1688 has accumulated a combination of online and offline credit system, but also has to provide import and international service the logistics of foreign trade through an integrated service platform.

it is understood that Spain became the first country to enter the global supply platform, Portugal, Italy, South Korea and other countries will also be settled in the platform on the same day. (Hong Da)

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