New online store has been opened on Alibaba Group Holding Ltd’s by Amazon.com Inc. The fast-growing online marketplace, to expand in China Tmall.com seeks , an Alibaba spokesman said.
Virtual storefronts and payment portals were offered to merchants in Alibaba’s Tmall also with more offers on Several western retailers, as Inditex, ASOS and Britain’s Burberry, have joined TMall this year as they look to have their presence in China. Amazon’s store,is listed with foods, shoes, toys and kitchenware were Imported and listed on on Tmall that sell brand-name goods to Chinese shoppers.
Own e-commerce site in hold by Amazon in China.
U.S. retailer Costco Wholesale Corp last year opened an online store in China using Tmall, entering the country is leading to the hike in e-commerce market to combat slowing sales at home.
Amazon did not take any respond to requests for comment outside usual business hours.