AuMake International Ltd (ASX:AU8) has selected Shenzhen Jiezhou Technology Co Ltd as its technology partner to develop its next-generation e-commerce platform.
Partly owned by Ant Financial Services Group, JieZhou has experience in working with many cross-border brands, e-commerce platforms, large overseas stores, supermarkets and cross-border chain stores around the world.
Ant Financial Services Group is one of the worlds largest fintech companies with a valuation of over US$ 150 billion and is part-owned by e-commerce phenom Alibaba Group Holding Ltd (NYSE:BABA).
AuMake executive chairman Keong Chan said: “After an extensive search in Australia and China, we have found a partner that not only meets our technical needs but also shares our strong appetite for innovation.
“Our partnership with JieZhou, who has extensive experience with leading online businesses globally and significant resources at its disposal from its relationship with Ant Financial, will enable us to create a cutting-edge online platform that delivers a seamless consumer experience.
“This new strategic partnership with JieZhou, and in turn Ant Financial, will also open up new growth opportunities in the future.”
New online platform launch
The companys services agreement with JieZhou contains standard claRead More – Source