icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

Alibaba plans to launch online sales of Russian goods in China

Alibaba plans to launch online sales of Russian goods in China
Chinese e-commerce giant Alibaba is considering starting an online platform for selling goods from Russia to China in 2020, sources told TASS at the Eastern Economic Forum (EEF).

“All Russian goods which are currently sold in China are imported through the B2B (business-to-business) service. That is not export through an e-commerce platform,” said the source, adding that Alibaba plans to launch the first such platform next year.

The company still has to figure out how to build reverse logistics, according to the source.

Also on rt.com China’s Alibaba & Russian tech firm Mail.ru announce partnership

In terms of e-commerce, there are some issues related to the delivery of goods from Russia to China.

Goods from Russia are currently exported only via eBay and Ozon, said the source, noting that those products are mainly sold to the United States.

For more stories on economy & finance visit RT's business section

Podcasts