News this week: China’s largest e-commerce company, Alibaba Group, has
announced the launch of a Korea Pavilion on its Tmall.com platform. Tmall.com’s Korea Pavilion opened on 18th
May and allows any Korean retail goods to be listed.
Tmall.com’s Korea Pavilion was introduced in a ceremony at
the aT Center
by Jack Ma, founder and executive chairman of Alibaba Group, and Choi
Kyunghwan, Deputy Prime Minister of Korea. The Korean Pavilion has partnered
with Korea Agro-Fisheries
& Food Trade Corporation (aT) and Korea
International Trade Association (KITA). According to Alibaba, a Korean
herbal cosmetics brand was among their best-selling item during China’s
Singles’ Day in November last year.
Jack Ma was quoted saying, “The Korea Pavilion is Alibaba
Group’s first official country pavilion and we will continue to work with
governments of other countries to launch similar pavilions in the future in
order to satisfy the needs of our Chinese consumers. Korean made products have
always been popular in China and we are excited to bring these products onto
Tmall.com.”
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