Retail in Asia

In Trends

China’s Tmall upgrades international platform to attract foreign retailers

Tmall, the business-to-consumer (B2C) unit under China’s largest e-commerce company Alibaba Group, said on Tuesday it has upgraded the international section on its website as the B2C unit under e-commerce giant Alibaba Group aims to bring more overseas products to Chinese buyers.

Under a pilot cross-border e-commerce settlement scheme that’s available in six cities, Tmall vendors will be able to ship to domestic buyers at a much quicker pace.

Only certified overseas retailers or distributors can open stores on Tmall International and they will use Cainiao Network’s logistics network to put their goods inside the bonded area in six cities including Shanghai, Ningbo, Zhengzhou, Chongqing, Hangzhou and Guangzhou. Currently more than 1,000 vendors have jointed the program.
 

(Source: Shanghai Daily)