Employees sort out parcels at a logistics base in Yiwu, a city in eastern Zhejiang province, during China’s Singles’ Day shopping festival on November 11, 2019. Photo: Reuters Employees sort out parcels at a logistics base in Yiwu, a city in eastern Zhejiang province, during China’s Singles’ Day shopping festival on November 11, 2019. Photo: Reuters
Employees sort out parcels at a logistics base in Yiwu, a city in eastern Zhejiang province, during China’s Singles’ Day shopping festival on November 11, 2019. Photo: Reuters

Alibaba ratchets up cross-border e-commerce initiatives in Yiwu, home to the world’s largest wholesale market

  • The e-commerce giant’s latest effort in Yiwu marks another push to help revive global trade, as Covid-19 continues to threaten various parts of the world
  • Yiwu recorded more than US$41 billion in total international trade last year

Topic |   US-listed Chinese stocks
Employees sort out parcels at a logistics base in Yiwu, a city in eastern Zhejiang province, during China’s Singles’ Day shopping festival on November 11, 2019. Photo: Reuters Employees sort out parcels at a logistics base in Yiwu, a city in eastern Zhejiang province, during China’s Singles’ Day shopping festival on November 11, 2019. Photo: Reuters
Employees sort out parcels at a logistics base in Yiwu, a city in eastern Zhejiang province, during China’s Singles’ Day shopping festival on November 11, 2019. Photo: Reuters
READ FULL ARTICLE