Alibaba Group is setting up its first overseas \u201ce-hub\u201d for what CEO Jack Ma calls the Electronic World Trade Platform (eWTP). The new outpost, in Malaysia\u2019s new Digital Free Trade Zone (DFTZ), is expected to be launched by the end of 2019. The news underscores the pace at which the Chinese e-commerce giant is expanding its footprint in the Asia-Pacific region.
\nThe e-hub \u201cwill function as a centralized customs clearance, warehousing and fulfilment facility for Malaysia and the region, to deliver faster clearance for imports and exports,\u201d Alibaba said in a statement.
\nIn the first phase, Alibaba will set up a regional e-commerce and logistics hub near the Kuala Lumpur International Airport.
\nMemorandums of understanding have also been inked between Alibaba-owned Ant Financial and Malaysian financial services providers, CIMB Bank and Maybank to offer payment services, financing opportunities and talent development.
\nThe video below is an introduction to Alibaba\u2019s\u00a0Electronic World Trade Platform (eWTP)<\/p>\n
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\nThose interested in learning more about airfreight in 2017, should join us at Cargo Facts Asia in Shanghai, 25 \u2013 26 April. \u00a0To register, or for more information, go to\u00a0CargoFactsAsia.com<\/p>\n
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\nSource: aircargoworld<\/p>\n","protected":false},"excerpt":{"rendered":"
Alibaba Group is setting up its first overseas \u201ce-hub\u201d for what CEO Jack Ma calls the Electronic World Trade Platform (eWTP). The new outpost, in Malaysia\u2019s new Digital Free Trade Zone (DFTZ), is expected to be launched by the end of 2019. The news underscores the pace at which the Chinese e-commerce giant is expanding[…]<\/a><\/p>\n","protected":false},"author":1,"featured_media":2344,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[49],"class_list":["post-2343","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-airport-code"],"_links":{"self":[{"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/posts\/2343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/comments?post=2343"}],"version-history":[{"count":0,"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/posts\/2343\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/media\/2344"}],"wp:attachment":[{"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/media?parent=2343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/categories?post=2343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/tags?post=2343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}