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Yiwugou.com Tapped Cooperative Potentials with Overseas Delegations on Broadened Commerce through Online/Offline Integration

Yiwugou.com Logo

News provided by

Yiwugou

Oct 25, 2016, 11:00 ET

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YIWU, China, Oct. 25, 2016 /PRNewswire/ -- Yiwugou.com, the official website of the Yiwu Commodity Market, which is the largest commodity wholesale market in the world, received the delegations from Dubai and Cyprus during the Oct. 21-25 session of the 22nd China Yiwu International Commodities Fair. Intensive discussions were made on online development of real market, special market retailization, and new e-business eco-environment building. The two parties also reached a preliminary cooperative intention on online/offline integration with the Yiwu Commodity Market.

TECOM Group CEO Dr. Amina Alrustamani and Dubai Wholesale City (DWC) CEO Mr. Abdulla were among the Dubai delegates. DWC is another attempt of the Ruler of Dubai to promote international trade after the 2020 World Expo. Spanning nearly 50 million sq. meters, DWC will be developed over a 10-year period at an estimated cost of AED 30 billion. This visit was to intensify online/offline goods supply and e-platform cooperation between both markets and, for DWC's promising future, attract more Zhejiang enterprises, especially Yiwu ones into the Middle East and Dubai. Through Yiwugou.com, Dubai buyers can readily locate and order desired goods, which are then shipped by Sinotrans Dubai to a buyer designated address. There is now a Yiwugou.com service hub in Dubai, offering trade advisory, purchasing agent, after-sale service, logistics and custom clearance, among others, for local customers. Any problems with Yiwugou.com orders could be dealt with at the service hub.

The idea of integrated online/offline development also appealed to the Cyprus delegation. In addition to a Yiwu Commodity Market in Cyprus, there will also be an exclusive store of Yiwugou.com in a supermarket. This visit was to explore the cooperation potential on both real market and e-business platform.

Yiwugou.com stands out among the traditional in its innovative online/offline integration. "E-business intends not to revoluntiinize the real market, but to share growth and prosperity", said CEO Wang Jianjun. That's exactly why Yiwugou.com has attracted more and more global partners to co-tap potentials. Along the progress of the "Belt and Road" and "Internet +" initiatives has come a growing recognition for Yiwugou.com which now works closely with nearly 20 overseas countries. It has two million Facebook followers, greatly outnumbering Alibaba and dhgate.com and other traditional peers. Yiwugou.com, while pouring more business opportunities into the real market, also relies on the robust supply chain and favorable e-business ecosystem of the real market to ensure business integrity and online/offline integration.

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