China’s Alibaba plans to introduce B2B platform in Brazil

4 August 2015

The major Chinese e-commerce group Alibaba is studying introduction of its business-to-business (B2B) platform in Brazil so that Brazilians can export respective products to the Chinese market, AliExpress business director Lucas Peng said in São Paulo.

During a recent speech at the Brazil e-Commerce Forum in São Paulo, Peng specified that the platform would open opportunities for Brazilian manufacturers to enter the Chinese market, where Alibaba operates platforms that move nearly US$300 billion per year, more than the US company Amazon, for example.

“When they enter, Brazilian brands will be able to connect to a market comprising more than 40,000 Chinese store operators,” said Peng, who heads the company that centralises the group’s sales, cited by the Brazilian press.

He added that via its B2B platform Brazilian companies will also have access to financing solutions and in the future to logistic solutions, using the structure the company already maintains with AliExpress so that Brazilians can make purchases in China.

AliExpress is currently Brazil’s fourth-ranking electronic retailer, with 16.9 million accesses per month. It counts more than 350 million active users worldwide.

Besides the investments in new businesses in Brazil, the company is developing new payment methods as well as international cards, a result of the agreement with Visa and Ebanx to create a prepaid card. (Macauhub/BR/CN)