Friday, November 19, 2010

News this week: Alibaba.com inks agreement with Intertek

Hangzhou, 17th November: Also from Alibaba.com this week, the company has reportedly signed an agreement with London-based quality and safety solutions provider Intertek. Financial terms of the agreement were not disclosed.

Under the working agreement, Intertek will make comprehensive assessments of suppliers listed on Alibaba.com. The third party certification will include the number of staff in a company, production capability, trading potential and future product and service development.

According to the China Daily, the China president of Intertek, Fred Bai, claimed over 500 web-merchants from Alibaba.com applied for the certification service during the first month of the trial period, with about another 1,000 willing to participate.

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