Nestle strikes e-commerce deal with Alibaba in China
Reuters
Published Jan 19, 2016 03:16AM ET
Updated Jan 20, 2016 12:41PM ET
Nestle strikes e-commerce deal with Alibaba in China
ZURICH (Reuters) - Nestle SA (VX:NESN) has agreed a partnership with Alibaba (N:BABA) in China to grow online sales, build key brands and offer new products, the Swiss food group said on Tuesday.
Nestle has introduced products including Nido milk powder, Damak chocolate and Nescafe Dolce Gusto BMW MINI coffee machines on Tmall.com, China's largest shopping website for brands and retailers, it said in a statement.
"Using Taobao.com, the country's largest shopping site overall, Nestle is expanding its distribution in rural areas," it added.
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Written By: Reuters
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