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Amazon to take Chinese goods to 185 countries
17
May '16
Chinese merchants would soon be able to sell their goods in 185 countries and regions through e-commerce giant Amazon’s online platform. Amazon has signed a contract with e-commerce pilot zone in Hangzhou, China, allowing traders to use its site to sell 285 million active paying customers worldwide.

Amazon’s global logistic network will deliver goods from China to 185 countries and regions. Cross-border sales accounts for nearly one-fourth of total revenue from third party merchants in Amazon’s global marketplaces.

China’s cross-border e-commerce is expected to shore up trade, which shed 0.9 per cent in the first four months. Exports edged up by 0.3 per cent in the same period. E-commerce has balanced much of the slump in traditional exports. (NA)

Fibre2fashion News Desk - India

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