Alibaba is considering building a B2B joint venture in India

Wei Zhe said that Alibaba had cooperations with India’s largest B2B media company-Infomedia, who was helping Alibaba to expand customers base in Indian market. There are millions of registered buyers and sellers online trading China goods on Alibaba platform.

Wei Zhe, said: “We are negotiating with them, this will be a joint venture, and Alibaba will not seek to become the controlling shareholder.” Calculated by the number of users, India is Alibabas’s second largest overseas market. Alibaba has 1 million registered users in India.

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