Alibaba unit uses Israeli tech to offer shipping services to US businesses
A unit of China’s e-commerce giant Alibaba said Tuesday it
has launched three new services and products to help US small and medium-sized
businesses get through the economic crisis caused by the coronavirus pandemic.
One of the services launched, Alibaba.com Freight, will help
American companies secure sea and air shipping for their orders. The service
uses technology developed by Israeli startup Freightos, which has created an
online market place for international freight that enables users to compare
prices and manage their shipments in real time.
The freight service will help small and medium-sized
businesses simplify organizing their bulk shipments, giving them “the ability
to instantly compare, book, manage and track ocean and air freight in real time
online, effectively modernizing the analog, opaque and historically slow
process for arranging cross-border logistics,” Alibaba said in a statement.
“Alibaba.com Freight’s extremely user-friendly interface
takes what is usually a daunting and extremely complicated task, and turns it
into a simple, concise step-by-step process without allowing you to make any
mistakes before you move on to the next step,” said Casey Heim, founder and CEO
of Hoxie, KS-based WAKE 10, a manufacturer and seller of equipment in the wake
surfing and boating industry and early user of Alibaba.com Freight.
Alibaba also launched on Tuesday Alibaba.com Payment Terms
to provide businesses with cash flow control and Alibaba.com Online Trade Shows
USA to connect US manufacturers and wholesalers with business buyers in an
engaging and live online format.
“Doing business online is the bridge for American small
businesses through this crisis and into the next decade,” said John Caplan,
President of North America and Europe of Alibaba.com. “We are accelerating our
transformation to get both sellers and buyers quickly set up for success and
provide the critical tools and services that are required for growth — access
to supply and demand, shipping and logistics, and working capital.”
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