Britain’s Royal Mail is joining Alibaba Group Holding Ltd’s Tmall Global’s online marketplace, hoping to link small British companies with Chinese consumers and boost trade for its overseas parcels business.
Alibaba’s Tmall Global is Asia’s largest business-to-consumer retail platform, connecting 302 million online Chinese consumers with virtual store fronts and payment portals, Royal Mail said.
It said its Tmall online shop front, which will launch later this month, would provide consumers with access to small- and medium-sized British retailers and exporters who want to do business in China, but do not have the means to do so alone.
(Source: The Business Times)