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Alibaba eyes Latin American enterprise

By Rajiv Menon
1 min read
Jack Ma1 jpg 280x280 crop q95
Jack Ma1 jpg 280×280 crop q95
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Alibaba is enthusiastic about doing enterprise in Latin America, notably in Mexico, Brazil and Argentina, the e-commerce firm stated in Mexico Metropolis over the weekend.

Chinese language shoppers are keen to acquire Latin American merchandise, particularly recent produce corresponding to Mexico’s avocado, stated Sherri Wu, head of Alibaba’s Worldwide E-commerce Enterprise Improvement for the Americas.

“Proper now individuals love this meals. Final month, we bought over 10,000 orders (of avocado) via our channels, and we might like to have extra to supply to our clients,” stated Wu.

Because the finish of 2014, Alibaba has been promoting avocados by way of its Tmall platform.

“We noticed that avocado was an enormous success in 2014,” stated Wu.

Chilean cherries and Argentine prawns have additionally loved an analogous success by way of the platform, added Wu.

The necessity for “unique” foodstuff in China comes from a rising center class, that are extra serious about high quality items from overseas.

Questions & Answers

Q.

Which Latin American countries is Alibaba specifically targeting for enterprise activities?

A.

Alibaba has shown particular enthusiasm for doing business in Mexico, Brazil, and Argentina. These countries are key to their strategy for growth in the Latin American market, as stated by the e-commerce firm.

Q.

What is driving the demand for foreign food products among Chinese consumers?

A.

The demand for 'unique' foodstuff in China comes from a growing middle class. This demographic is increasingly interested in acquiring high-quality goods that originate from abroad, creating a market for these imports.

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