Alibaba group and Invescore NBFI signed agreement to cooperate on Mongolian market on January 08, 2020. S.Undarmaa Executive Director of Alicore joint company gave an interview on the matter.
Alibaba Group is a mission to expand its online trading platform and eco system to international level. In accordance with the mission, the company is working on becoming international clients and creating international online trading and payment system. Therefore, two companies will cooperate in the future. Furthermore, Invescore NBFI will open business center in order to prepare online trading specialists and sell products of Mongolian small and medium enterprises to Chinese and international markets via Alibaba platform.
The operation of the business center will start from March, 2020. Firstly, we will introduce Global e-Commerce talent project in Mongolia, give an advice and prepare online trading specialists. If Mongolians would produce good quality products, they will have a chance to sell their products via Alibaba platform.
Invescore NBFI operates in financial market, fintech, artificial intelligence and business consulting sectors. The company is working on expanding its operation to the market of Central and Southeastern Asia.
Source: The Official Gazette