Alibaba, the Chinese e-commerce giant, is about to open a logistics center in France to increase sales of French products on its online trading platforms. The company is currently looking for a site and for partners.
That’s what its founder and CEO Jack Ma said on the sidelines of a meeting between the French president Emmanuel Macron and the Chinese president Xi Jinping in Beijing last Tuesday. Jack Ma met with Macron, just like Richard Liu, founder and CEO of JD.com, the number two in the Chinese e-commerce. According to the French magazine Le Revenu, Ma will go to France very soon to sign a memorandum of understanding for an Alibaba partnership. This includes logistics, payment solutions, and e-commerce.
Ecommerce News Europe noted that in 2017, 1700 French brands have joined Alibaba, with an average growth of 53 percent.