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Saturday, February 21, 2009

Zhejiang County Government Partnered With Alibaba.com

Saturday, February 21, 2009
Alibaba Group's business-to-business e-commerce (B2B) subsidiary Alibaba.com (1688.HK) signed a three-year partnership plan with Shengzhou County, Zhejiang province on February 20, reports Sohu. Alibaba.com will offer an e-commerce platform for 1,500 domestic-trade small and medium-sized enterprises (SMEs) and 300 foreign-trade SMEs from March 2009 to December 31, 2011, and Shengzhou will establish an e-commerce support fund with RMB 15 million, or RMB 5 million per year, for SMEs, under the plan. Alibaba.com will help training e-commerce talents for government, companies and colleges in Shengzhou.

A Shengzhou government official said the county was home to 709 and 92 members of Alibaba.com paid services "TrustPass" and "Gold Supplier," respectively.

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