Alibaba Europe continues to expand! Acquisition of B2B platform Visable.

According to PR Newswire, Alibaba is investing in Visable platforms in Hamburg, Berlin, Mü nster and Paris. Alibaba and Visable will cooperate to take advantage of Alibaba’s leading position in technology, e-commerce and international expansion experience to accelerate the development of Visable WLW (Werriefertwas) and europages B2B platforms in Europe.

It is reported that after being acquired by Alibaba, Visable will continue to operate as an independent company with its own brand and growth strategy, and its existing organizational structure will remain unchanged. The current management team will continue to lead the company and promote its development. As Visable continues to improve its platform, it will be able to take advantage of Alibaba’s e-commerce experience and technical knowledge.

Zhang Kuo, president of Alibaba, said: “Alibaba was founded to connect global B2B buyers and sellers, so that businesses can be easily conducted all over the world. The cooperation with Visable announced today is an important part of our efforts to help European SMEs seize the global e-commerce opportunities and accelerate the digitalization of their business. We look forward to supporting Visable’s platform so that European SMEs can better obtain international trade opportunities and seize business growth opportunities. ”

Peter F. Schmid, CEO of Visable, said: “We are very happy that Alibaba has become a partner in our business. Our long-term strategic goal is to strengthen Visable’s position through wlw and Europages platforms. To achieve this goal, we will continue to improve the user experience and expand our product portfolio through digital tools. By learning Alibaba’s technical knowledge and international experience, we will be able to connect European commercial buyers and suppliers to improve efficiency and profits, and ultimately improve profits and business growth, which is very important for SMEs, especially during the economic crisis. ”

Visable has always supported small and medium-sized industrial enterprises to provide products and services to international buyers, and its operating platforms include wlw and Europages, a European B2B platform. These platforms attract 3 million B2B buyers every month to seek detailed information about companies and products. At present, its headquarters in Hamburg, Berlin, Mü nster and Paris have about 450 employees.


Post time: Nov-16-2023