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Alibaba opens door to US sellers on its oldest platform | Alibaba opens door to US sellers on its oldest platform |
(about 1 hour later) | |
Chinese e-commerce giant Alibaba has opened its doors to US sellers on its oldest platform, Alibaba.com. | Chinese e-commerce giant Alibaba has opened its doors to US sellers on its oldest platform, Alibaba.com. |
It now offers tools to allow US firms to sell on the business-to-business platform in the US and globally. | It now offers tools to allow US firms to sell on the business-to-business platform in the US and globally. |
The move will allow Alibaba, traditionally China-focused, to compete with global e-commerce giants like Amazon. | The move will allow Alibaba, traditionally China-focused, to compete with global e-commerce giants like Amazon. |
Alibaba.com says it has 10 million active business buyers in more than 190 countries and regions. | Alibaba.com says it has 10 million active business buyers in more than 190 countries and regions. |
As part of the announcement on Tuesday, Alibaba.com said US produce firm Robinson Fresh would be joining the platform on 23 July. | As part of the announcement on Tuesday, Alibaba.com said US produce firm Robinson Fresh would be joining the platform on 23 July. |
That follows a "strategic collaboration" between Alibaba.com and US offices supply firm Office Depot announced in March, it said. | That follows a "strategic collaboration" between Alibaba.com and US offices supply firm Office Depot announced in March, it said. |
Previously, US businesses mainly bought from Chinese sellers on the Alibaba.com platform, which caters to small and medium-sized firms. | |
The new tools, which include an online payments system, will give American firms access to new customers in China and around the world. | |
US-China relations | |
The move comes at a time of tense relations between the US and China, which have been fighting a trade war for the past year. | The move comes at a time of tense relations between the US and China, which have been fighting a trade war for the past year. |
Two years ago, Alibaba founder Jack Ma met with US President Donald Trump and outlined a plan to increase the firm's presence in America, as well as strengthen relations between the two countries. | |
At the time, Alibaba said access to Chinese customers through its online marketplace would support US businesses and help create as many as one million new jobs. | |
But in September last year Mr Ma rowed back on those plans, citing the ongoing trade war between the US and China. | |
Tensions between the two countries have continued to simmer this year, but both sides recently agreed to hold a fresh round of trade talks. |
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