• NextPlat, Tmall Global sign merchant sourcing agreement designed to give U.S. businesses easy access to Chinese e-commerce market.
• Tmall Global e-commerce platform will provide NextPlat customers a turnkey solution to sell products to the Chinese consumer market.
• Starting in Florida, NextPlat intends to expand E-Commerce Development Program businesses throughout the United States and all of the Americas.
• Turnkey international e-commerce solution simplifies the process, provides American-based companies opportunity of new business in China.

In a collaboration designed to be the “first in a series of new e-commerce development programs,” global e-commerce provider NextPlat (NASDAQ: NXPL) and Alibaba Group Holding Limited have inked a merchant sourcing agreement destined to make a mark helping American companies expand their e-commerce capabilities to reach new international customers in the Chinese market (https://ibn.fm/AwmBW). The world’s largest e-commerce market, China reportedly saw an estimated 1 billion consumers shop on e-commerce channels across the country last year, racking up 45.3% of all retail sales online (https://ibn.fm/ICJM1). NextPlat’s new relationship with Tmall Global will provide American businesses with a novel, turnkey international e-commerce solution development program designed to increase the sale of products produced and sold by American companies to the multitrillion-dollar Chinese consumer market.

“We are excited to kick off a dynamic new e-commerce development program with Tmall here in South Florida and bring the opportunity of new business in China to more American-based companies,” said NextPlat executive chair and CEO Charles M. Fernandez, referring to Tmall Global, an online…

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NOTE TO INVESTORS: The latest news and updates relating to NXPL are available in the company’s newsroom at https://ibn.fm/NXPL

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