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Alibaba, China number one eCommerce portal,  is to launch an online platform which will encourage the owners of British small and medium-sized enterprises (SMEs) to export their products to the world’s most populous country. 

David Wei, chief executive of Alibaba.com , following his maiden results as a public company, unveiling a 200 per cent rise in operating profit to RMB804m few weeks ago, has announced his second move.

The new venture, known as “Export to China, Export to the World”, will be launched in the second half of this year, will target the 268,000 Britons who are already members of Alibaba.com.

The website is currently recruiting new members in this country at a rate of 2,000 every week.


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