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AuMake (ASX:AU8) announced this morning that it has selected JieZhou as the preferred technology partner to develop its exciting next generation e-Commerce platform, facilitating the transacting and distribution of Australian products into Chinese networks.

Partnering with JieZhou on this project is a huge opportunity due to their immense experience with leading online digital businesses globally, and means that the e-Commerce platform will be well equipped with exciting market-leading innovations such as a patented digital customs clearance system, improving the customs clearance process and delivery times for end-customers in China.

JieZhou is also extremely well-resourced, being part-owned by Ant Financial, one of the largest fintech’s in the world (valued at over US$150bn), which is in turn part-owned by Alibaba.

The new platform presents a substantial opportunity in the Australian daigou market, fundamentally changing the way that people transact in the industry, and we are all very excited for the launch in October this year.

Please read AuMake’s December 2019 Quarterly Results