360Buy, Bank of China Partner on Supply Chain Financial Service
Sina Tech, 11/27/12
Beijing-based B2C e-commerce platform 360Buy and Bank of China have partnered to launch a supply chain financial services platform. According to 360Buy, the company hopes that its new supply chain finance platform will allow the company to provide additional capital to its supply chain partners to speed up inventory turnover, as well as to solve short-term capital shortage problems.
Editor's Note: For more background on this topic, please see "360Buy to Provide Supply Chain Financing Services" MD 11/20/12 issue.
Keywords: Bank of China e-commerce financing Internet B2C 360buy
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