Softbank, Alibaba collaborates for a B2B service

Softbank, Alibaba collaborates for a B2B service

Softbank, Alibaba have together announced the launch of a new service that would connect Japanese business people with Chinese customers.

Alibaba chief executive Jack Ma said in a statement that this collaboration is a really important strategic movement for them.

They are already providing access to Japanese market to more than 50,000 suppliers in China.

This is to bring the Japanese suppliers to the Chinese market.

Softbank president Masayoshi Son added: “We are trying to build a new system so that financial and legal transactions can be made online.”