News
23 March 2020

HSBC and Alibaba team up to offer quick trade finance approvals

Region:
Asia-Pacific

HSBC has teamed up with Cainiao Network Technology, a logistics unit of Chinese e-commerce giant Alibaba Group Holding, to offer trade finance approvals to online merchants using the company's Tmall platform in Hong Kong. The bank will work with Cainiao to offer seven-day approvals for...

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