The internet based global trade platform, Alibaba.com has partnered with Federation of Indian Exporters Organisation (FIEO) to assist Indian small and medium businesses in improving global trade prospects through usages of internet. It will participate in a workshop organised by FIEO in Chennai on “Trade Risk Management and Sourcing Buyers through the internet”, with the aim to educate exporters, especially small and medium enterprises (SMEs). Alibaba.com will illustrate how the Internet can be a cost-effective business tool in identifying potential trading partners across the world. FIEO has over 2.4 million Indian small businesses as registered members. As reported in the media, Nayan Thakkar, Manager, Sales and Customer Support, Alibaba.com India observed that the initiative was important since Indian suppliers were in demand by the buyers in overseas markets.
Alibaba.com is an affiliated entity of the Chinese investment holding company Alibaba Group. The company, together with its subsidiaries, is engaged in the provision of software, technology and other services on the online business-to-business (B2B) marketplaces with the uniform resource locators www.alibaba.com, www.1688.com. Alibaba.com is listed on the Hong Kong stock exchange.