Sector News

Nestle strikes e-commerce deal with Alibaba in China

January 19, 2016
Consumer Packaged Goods

(Reuters) – Nestle SA has agreed a partnership with Alibaba 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.

(Reporting by Michael Shields)

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