Xinhua, CEO of Chinese giant Alibaba, will soon sign an agreement with Paris to install a logistics center in France and to increase the sale of French products on its trading platforms online.
“We are planning to open a logistics center in France, we are currently looking for a site and partners,” said the founder of the Chinese number one of the e-commerce, on the sidelines of the meeting between French and Chinese presidents, Emmanuel Macron and Xi Jinping, at the People’s Palace in Beijing.
Jack Ma met Emmanuel Macron last Tuesday morning with also Richard Liu, boss of JD.com, number two of the Chinese e-commerce, which also announced to want to set up in France and promised to sell for 2 billion euros of French products on its platforms within two years. Continue reading