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Alibaba to help Bangladeshi SMEs heal pandemic shock

August 19, 2020
in Bangladesh, World
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Alibaba to help Bangladeshi SMEs heal pandemic shock
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Alibaba will provide the listed SMEs with regular training to strengthen their performance in the global online marketplace

Alibaba, the world’s largest wholesale e-commerce platform, will help Bangladeshi small and medium enterprises (SMEs) – the hardest hit businesses in the pandemic – to go online to explore opportunities in the international wholesale market with ease.

The online retail giant will provide Bangladeshi businesses with concessional onboarding facilities, free business development support, mentoring, and training to become online global suppliers.

Bangladeshi e-commerce platform Daraz, the local subsidiary of Alibaba, is facilitating the programme named Sprout Up, which was announced on Tuesday.

In a press release, Daraz said on Tuesday that Alibaba will provide special discounts to Bangladeshi SMEs for onboarding as supplier members before October.

Alibaba will list professional third-party partners to help newly joined suppliers create an online store from the ground up, develop product listings and conduct keyword advertising. The package would be a complementary service.

Along with support with advanced online marketing tools, Alibaba will provide the listed SMEs with regular training covering buyer behaviour, negotiations, customer support and marketing to strengthen their performance in the global online marketplace. ❐

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