E-commerce behemoth Alibaba Group is planning to push its resources offline in a move to enhance its logistics abilities.
Taiwan-based Clevo, owner of the technology products retail chain Buynow, has reached an agreement with Fuzhou, capital of Fujian province, and will launch a Buynow Digital Plaza project in the city.
Chinese business-to-business e-commerce firm Alibaba.com Limited has entered into an agreement to acquire Shenzhen One-Touch Enterprise Service Limited, a provider of one-stop services for exporters in China, for an undisclosed sum.
Aliexpress.com, the newly launched Internet wholesale e-commerce subsidiary of the Chinese B2B e-commerce company Alibaba.com, and the international logistics giant UPS have recently formed a strategic alliance.
Chinese B2B e-commerce company Alibaba.com has announced that its new online wholesale website, 1688.com, was formally launched on March 9, 2010, and the wholesale traffic reached a whopping 6.39 million people on the first day.