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Alibaba eyes Europe-China e-commerce with Belgian smart logistics hub

Dec 6, 2018 by The Passage Team
Alibaba eyes Europe-China e-commerce with Belgian smart logistics hub

Chinese e-commerce giant Alibaba inked an agreement with the government of Belgium to promote cross-border trade and confirmed plans to establish a smart logistics hub in the Belgian city of Liege.

The aim of the agreement is to enhance overall logistics efficiency for small to medium enterprises in the region and aid them in becoming more competitive amid a surge in global e-commerce.

In a statement, Alibaba CEO, Daniel Zhang, said the deal would open up “huge potential” for European companies to reap the benefits of cross-border trade. “With over 98% of European companies being small to medium businesses, this partnership signifies our initial and expanded effort to enhance inclusive trade opportunities for these business in Belgium and across Europe,” said Zhang.

Source: Technode

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