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Saturday, April 27, 2024

UOB, Alibaba.com to boost SMEs in B2B e-commerce expansion 

A recent one-day seminar was conducted to equip trading companies, manufacturers, and exporters with insights into the B2B e-commerce market, online trade trends, and market demands. This aimed to identify high-selling potential products.

Alibaba.com highlighted the top three buyer countries for Thai products as the United States, Pakistan, and Middle Eastern countries. The top-selling product categories from Thai sellers included food and beverage, agriculture, beauty, apparel and accessories, and home and garden items.

UOB introduced financial solutions like UOB Biztrade+, UOB Trade Finance, UOB FX, and Trade Credit Insurance to help SMEs manage cash flow, improve operations, and mitigate cross-border trade risks in online trading. The UOB BizSmart platform offers business management solutions for end-to-end activities.

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