Alibaba will Sell Norwegian Commodities in China

Innovation Norway’s regional director Knut Sørlie has signed an agreement with China’s major e-commerce company Alibaba, writes Aftenposten.

– We hope the agreement will give Norwegian companies new opportunities for sales in China. The country’s growing middle class is more and more online, says Sørlie to Aftenposten.

Norway was one of a total of 20 countries which were invited to Alibaba’s strategic summit for international e-commerce, and where diplomats have signed a so-called MOU (Memorandum of Understanding) with the company.

China is World leader in E-Commerce

China surpassed the US as the world’s largest e-commerce market. Alibaba executives often stresses that their international strategy primarily aims to help foreign companies to sell their goods to Chinese consumers.

The company now controls about 80 percent of the online product ordering in their home country as a platform for sales to consumers. The company’s customers using sales platform must provide distribution of their own goods.

Director Sørlie says to Aftenposten that IN the autumn will arrange a meeting between representatives of the e-commerce company and Norwegian companies wishing to invest in the Chinese consumer market.

 

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