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Article: Alibaba.com Partners with Industrial and Commercial Bank of China to Provide Online B2B Payment Solution.
- Article from:
- Business Wire
- Article date:
- August 15, 2000
CopyrightCOPYRIGHT 2000 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors/High Tech Writers
HANGZHOU, China & HONG KONG--(BUSINESS WIRE)
August 15, 2000-
Strategic Partnership to Enable Chinas Businesses to Conduct
Transactions Online
Alibaba.com (www.alibaba.com), business-to-business marketplace for global trade and host to Chinas largest domestic online B2B community, announced today an agreement with Industrial and Commercial Bank of China (ICBC) to jointly develop and promote Alibaba.coms online B2B payment solution in China.
The partnership, the first of its kind for a B2B marketplace in China, will allow Alibaba.com's over 170,000 members in China to conduct online ...