Mumbai, Apr 29 (UNI) Alibaba.com Ltd, the world's leading B2B e-commerce company, and Infomedia India Ltd, India's largest yellow pages and special interest publishing company, today announced formation of a multi-year strategic partnership designed to benefit small and medium size enterprises (SMEs) in the country.
The partnership would combine the power of traditional print publishing with online media and e-commerce, providing Indian SMEs with a one-stop solution for gloal and domestic trade. Together, they would create a strong online community of Indian business people and provide them with a single cost-effective channel to promote their products and sources from quality suppliers in India and around the world. It will also provide SMEs in India with latest news and technicial developments in multi-media formats.
Infomedia managing director Prakash Iyer told reporters here that ''As India's largest yellow pages company and now as part of the Network 18 group -- Infomedia is delighted to bring alibaba.com's strength and global reach to Indian business. We have a long history of helping SMEs grow their business and this partnership will help Indian companies realise their fullest potential worldwide. The Infomedia-Alibaba partnership will bring value to Indian SMEs by giving them a larger, multi-media business platform encompassing domestic and global trade services.'' UNI AR SSS AG1616