BABA-SW (09988.HK) to Launch B2B Platform Dedicated for S Korean Merchants on 8 Aug

　　BABA-SW (09988.HK) +1.050 (+1.423%) Short selling $171.31M; Ratio 13.425% announced that it has officially launched South Korea Pavillion, a dedicated B2B platform for South Korean enterprises, on 8 August, to further expand the overseas direct sales of South Korean goods.

　　The dedicated platform is expected to help more than 5,000 South Korean SMEs enter the global B2B market, with a total of 2,550 South Korean SMEs selling their products overseas through BABA's B2B platform from 2020 to 2023, and more than 7,600 South Korean brands entering the China market through Taobao and Tmall.

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　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-22 12:25.)

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