Alibaba seeks to expand agreements with Spanish food companies
Asian e-commerce giant Alibaba is strengthening the foundations of its business model in Spain through its subsidiary Alibaba Ecommerce Spain, S.L. This company, constituted in May 2017 and called Gratingar until last September, has recently received an injection of social capital worth € 200,000, reaching a total disbursement of € 203,500, as revealed in the Commercial Register.
This contribution has been made in the course of its settlement process in Spain, which has been underway since late 2016 and led by Rodrigo Cipriani Foresio, Managing Director of Alibaba for Southern Europe. According to Alibaba Group, the mission of Cipriani Foresio is to connect consumers and suppliers, particularly SME's and large companies, and help them take advantage of all the opportunities of the Alibaba ecosystem. Working hand in hand with him are Ernesto Caccavale, head for business development at Alibaba in Spain and Portugal (mainly oriented to the development of the B2C marketplaces of Alibaba, Tmall and Tmall Global, as well as the B2B marketplace Alibaba.com) and Estela Ye, which leads the AliExpress team in the Spanish market.
The future development of the Asian giant in Spain will give Spanish companies access to their more than 500 million current consumers. "We offer brands and companies the essential technological infrastructure, marketing knowledge and business operations necessary to take advantage of the power of the internet." Ultimately, we allow companies to transform the way they market, sell and operate, and our long-term goal is to serve 2,000 million consumers and millions of small businesses around the world, also in Spain," said sources from the company.
Thus, the objective of the group, chaired by Jack Ma, is to continue increasing the number of companies of different sizes, focusing on the main Spanish sectors, such as fashion, accessories, beauty, baby products and food and beverages (in particular, wine, olive oil and preserves). "We want to help Spanish businesses succeed in China, and not only those who have no presence and need support to expand their supply, but also those who had not considered the possibility of selling to Chinese consumers, helping them from the get-go with their cross-border transactions," they explain.
Publication date: 1/25/2018
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