Ben Harburg of MSA Capital says Chinese companies are moving into emerging technology markets such as the Middle East, which has a lower e-commerce penetration rate and large unbanked populations.
Chinese e-commerce
Dubai will be a ‘magnet’ for Chinese e-commerce, says Dubai Chamber CEO
According to Dubai Chamber statistics, e-commerce sales in 2018 totalled $1.5 billion, a 19 percent increase from 2017
China’s Jollychic inks deal to help develop Saudi digital landscape
Chinese start-up which sells fashion and is primarily focused on the Middle East markets to support the acceleration of Saudi Arabia’s digital transformation
Alibaba picks Emirates to help make global 72-hour delivery a reality
Emirates SkyCargo and Alibaba’s Cainiao will manage e-commerce shipments in the Middle East and other neighbouring regions through Dubai hub
Dubai-based cryptocurrency sued by Chinese giant Alibaba
Company behind Alibabcoin subject to legal action in New York which seeks damages over trademark infringements
VIdeo: Inside Alibaba’s smart warehouse staffed by robots
Take a look inside Alibaba’s smart warehouse where robots do 70% of the work. They can carry up to 500 kilograms above them around the warehouse floor.