ICBC eBuy corporate mall (trade.icbc.com.cn) has recently started business, signaling another important move of ICBC to develop the e-commerce platform after the launch of eBuy B2C shopping mall.

According to an official with ICBC, by sticking to the laws of e-commerce and the characteristics of banking, the eBuy corporate mall provides services such as trading information matching, online goods trading, online payment and financing and financial value-added services for corporate customers, in addition to online information release, transaction matching and other featured services for investment banking customers and bill business institutions, which has fully leveraged ICBC's competitive edges in financial services. Nearly 100 merchants in nine industries such as furniture, leather bags, apparel accessories and agricultural goods have settled in the ICBC eBuy corporate mall, including Luoshiwan International Trade City, Xinji China International Leather City, Dongyang China Wood Carving City and other well-known commodity trading markets and well-known enterprises such as Kailin Chemical Fertilizer and Jinyin Musical Instruments. More than 1,000 goods are available for sales.

The ICBC eBuy corporate mall will provide differentiated e-commerce services for corporate customers from four aspects. First is supply of quality goods. ICBC will select premium products of quality merchants from over 4 million corporate customers, and will help match the trading. Second is favorable purchase price. The flat sales platform may help customers access the primary source of commodities and enjoy favorable prices, thereby cutting down their cost. Third is easy payment and financing. At the eBuy corporate mall, customers have various payment options such as B2B and B2C as well as diversified convenient network financing products, which can satisfy customer demand for quick access to short-term borrowing. Forth is good user experience. Convenient identification, rapid order, mixed wholesale, inquiry and other services will lead to better purchase experience.