GE Becomes Alibaba.com Partner

The two formed a strategic partnership on December 11, 2007.

Alibaba.com debuted on the Stock Exchange of Hong Kong on November 6. As an excellent B2B e-commerce company, it sets up reliable and highly-efficient trading platform for buyers and sellers around China and the world. They are mostly small and medium enterprises (SMEs) from various industries and may be potential clients of GE, remarked the president of GE Consumer & Industrial Greater China Region.

Besides marketing, GE will continue its cooperation in global procurement with Alibaba.com in 2008. Last year, other tycoons like Samsung, Toshiba, IKEA, and Haier Group have also begun purchasing goods via Alibaba.com, which owns 24.6 million SME registered users from more than 30 industries.

Global giants in the information industry such as Intel, Microsoft Corporation, and Cisco Systems, Inc. (NASDAQ: CSCO, SEHK: 4333) have become strategic partners of Alibaba.com in succession as well.