Alibaba Group, the largest internet conglomerate in China, has announced its intention to launch a new online store in the United Arab Emirates (UAE). The new project, named 1688.com, will serve as a platform for wholesale purchases and will be aimed at involving local companies and entrepreneurs.
This step will allow the company to expand its presence in the international market and provide local businesses with the opportunity to participate in large-scale trading through the Alibaba platform. In this format, the company plans to support the needs of a broader circle of clients and offer them quality goods at competitive prices.
"Our goal is to help companies from the UAE develop their business, establish new business connections, and diversify their offerings," noted a representative of Alibaba. The company plans to actively collaborate with local partners, provide useful tools for promoting products, and assist entrepreneurs in growing at the international level.
