Alibaba.com launches Trade Assurance service for local entities

Alibaba.com, China’s leading global business-to-business commerce platform, said Monday it will officially launch its Trade Assurance service in Korea to support local small- and medium-sized enterprises (SMEs), aiming to expand its network of Korean sellers by offering a more secure and reliable online business platform to reach the global market. “As K-culture’s global popularity continues to rise, ‘made-in-Korea’ products are gaining increasing traction on Alibaba.com … From skincare and cosmetics to snacks, fashion and even medical products,” Shawn Yang, general manager of global business development at Alibaba.com, said during a press conference held in Seoul. “Alibaba.com is committed to deepening its roots in the Korean market by increasing localization efforts and investments. We will continue to actively support more Korean SMEs in using our digital tools to go global.” Trade Assurance is an order protection service designed to reduce uncertainties through an escrow-based secure payment system while providing a trustworthy environment for both sellers and buyeWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times