ZALL Smart Commerce Group To Expand Its Singapore Operations
- 2020年09月25日 12:00:00
- テクノロジー
- JCN Newswire
- コメント
ZALL is one of the nine bidders who made the shortlist for the Singapore wholesale digital banking license with only three licenses will be awarded by end-2020. The digital bank foray will mark ZALL's fourth major project in Singapore as it aims to bridge the funding gap and support the expansion of local SMEs and micro-SMEs into Asia.
ZALL's Chairman, Yan Zhi believes that the pandemic has highlighted the importance of leveraging cross-border growth opportunities, especially between ASEAN and China to build more resilient supply chains. Mr. Yan's comments were shared at the recent FutureChina Global Forum 2020 (FCGF) that was attended by over 1,300 regional delegates who discussed the latest development trends and growth opportunities between China and ASEAN. From Singapore, the event was graced by Minister for Trade and Industry Mr Chan Chun Sing.
"While it is business as usual in China now, the rest of the world is still affected by the pandemic that has disrupted supply chains, cratering economies. Today, most of the trading and transactions have to be done online, creating an urgency for traditional businesses to leverage on digital platforms and digitally transform as soon as possible in order to survive,"emphasized Mr. Yan Zhi, Chairman of ZALL.
"With confidence, we will eventually go through the difficulties, through the epidemic and fog before us, and the world in three years will only be better,"said Mr Yan.
The pandemic has amplified Singapore's importance in driving ASEAN-China trade, a valuable proof point around ZALL's decision to establish its international headquarters in Singapore by launching Commodities Intelligence Centre (CIC) two years ago (2018). CIC is Singapore's first B2B e-trading platform for physical commodities powered by blockchain technology. It offers a global intelligent trading platform to more than a dozen countries, helping companies to reduce transaction costs, optimise the efficiency of their supply chains across cross-border trading, financing, logistics, compliance and risk management;and achieve greater trading synergies globally.
Despite the impact of the Covid-19 pandemic, CIC has seen sales revenues at approximately US$1 billion (S$1.36 billion) during the first half of this year (2020), which exceeded the total revenue throughout last year. Moreover, the number of customers on the CIC platform increased by 20 per cent as compared to 2019, resulting in a surge in the level of activity on the entire platform.
Mr Peter Yu, CEO of Commodities Intelligence Centre, shared, "Singapore has the ideal geographical location when it comes to commodities trading, playing a critical role in supporting regional trade. Singapore's nation-wide push for digitalisation has created the necessary environment to groom digital-savvy talents, and we look forward to inviting ideal candidates to join our growing team in Singapore."
"Be it COVID-19 or the recent spike in dengue cases, CIC offers opportunities for businesses of all sizes to mitigate crises by diversifying revenue sources and extending their global reach of their supply chains. In doing so, we are building business resilience against current and future pandemics,"added Mr Yu.
About ZALL Smart Commerce Group
ZALL Smart Commerce Group (ZALL) is a leading Chinese B2B e-commerce group (ranked 139th of Fortune China 500 companies in 2020) with a global footprint across the world and is listed on four exchanges on HKSE, NYSE, SSE and SZSE. ZALL develops and operates Asia's largest B2B offline-to-online trade ecosystem in China and Southeast Asia, including Singapore, with more than 30 B2B platforms in China, US and Singapore, and a GFA of more than 10 million sqm of wholesale trade centres in China. In 2018, ZALL Group achieved a GMV of more than RMB 600 billion (US$85.2 bn), serving over 1 million SME customers worldwide.
ZALL has also obtained a virtual banking licence and currently operates Z-Bank in China since 2017, one of China's top 5 digital banks that has supported more than 5.5 million SMEs and individual customers. For more information, please visit http://en.zallcn.com/
About Commodities Intelligence Centre (CIC)
The Commodities Intelligence Centre (CIC) is a global trading platform for physical commodities including Ferrous &Non-Ferrous Metals, Chemicals &Plastics, Oil &Petroleum, and Agri Commodities. Officially launched in Singapore on 12 Oct 2018, CIC is a Joint Venture between China-based ZALL Smart Commerce Group, Global eTrade Services (GeTS) and Singapore Exchange (SGX) to build trade connectivity through digital marketplaces and to grow a vibrant trading ecosystem in Singapore.
CIC aims to revolutionise commodity trading and facilitate cross-border trade through deal matching, trade finance, supply chain logistics, track and trace and global trade compliance. Since its establishment in October 2018, CIC has achieved a GMV (Gross Merchandise Volume) of more than US$13.1 billion (S$17.9 billion), with over 5,000 registered users covering markets including Singapore, Malaysia, Indonesia, India, China, amongst other countries in Asia. For more information, please visit www.cic-tp.com.
For media queries
PRecious Communications for ZALL
ZALL@preciouscomms.com
Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com
「幻の6000万円」に悔しさが止まらない!Xユーザーが20円で売った株がまさかの高騰
デコピンがプールに浮かんで夏を満喫 大谷翔平、試合のない休養日に愛犬とオフタイム楽しむ
元ジャンポケ斉藤慎二被告が告白、活動休止中に住んでいた県「ずっと休んでいた時間…」
北川景子、ミュージシャンの「号泣告白」に感謝 主演連ドラ完走し「呆然です…」
鈴木奈穂子アナ朝ドラ受け「メイコちゃんは歌ですかね」と予想 大吉は「妻夫木さんは…」と興味
野口健氏「山梨県知事の大、大、大英断」富士山レンジャーへの「登山規制」権限付与を評価
『炎使い』や『雪の女王』 微妙な能力のまさかの使いどころは…!?「今日も平和」「好き」
高カロリー食の罪悪感を一瞬で消し去るマジックワードとは?「分かる」「嘘はついてない」
Mrs. GREEN APPLE、ディズニーパレードにサプライズ登場 イベントテーマ曲担当
給与天引きで初任給0円 ミャンマー人女性が「三ツ矢堂製麺」を提訴
再婚した旦那に不倫されてしまった飯島直子(51)衝撃的過ぎる黒歴史が発覚する事態に
有村昆(44)の不倫未遂の相手とされるセクシー女優、ネットで「唯井まひろ」と噂されるも、本人は…
TOKIOが解散発表
温泉ソムリエ35歳女優、入浴ショット公開「色気漂っていますね~」「刺激が強すぎて…」
ドジャース名物リポーター、映えるレッドビキニ姿を披露 美スタイルと美肌サービス
“どどどエロい”人妻モデル古畑星夏、ワンピ水着ショット披露「女神降臨」「美形すぎる」
88歳伊東四朗、路上で突然倒れたと衝撃告白「頭はしっかりしているのに体が全く動かない」
大地震のシグナル? 日向灘地震の前、スロースリップの間隔半減
詐欺容疑で俳優宮島三郎逮捕 一報に残念な思い 19年「スペアク」公開時は夢を語っていたが…
座間9人殺害事件・白石死刑囚の死刑執行 執行は2年11カ月ぶり
ガーシー、錦織圭の元モデル妻の暴露にネット騒然「なんで結婚したんだろ?」
有村昆(44)の不倫未遂の相手とされるセクシー女優、ネットで「唯井まひろ」と噂されるも、本人は…
二階堂ふみが結婚!?お相手が衝撃的過ぎてネット民「マジか・・・」
ヒカル、浮気相手とのLINE流出にドン引きの声「キモすぎる」「吐きそう」
小澤征悦と再婚した桑子真帆アナ(34)黒い過去が流出、衝撃の過去にネット騒然
再婚した旦那に不倫されてしまった飯島直子(51)衝撃的過ぎる黒歴史が発覚する事態に
TOKIO国分太一が重大なコンプライアンス違反か 芸能活動休止へ
【おすすめアニメ50選】完結済み!定番から最新作まで!
小倉優子、不自然な“二重ライン”にネット騒然「やっぱり整形?」
国分太一が無期限活動休止、「株式会社TOKIO解雇」一部の報道は関係者が否定

「幻の6000万円」に悔しさが止まらない!Xユーザーが20円で売った株がまさかの高騰
デコピンがプールに浮かんで夏を満喫 大谷翔平、試合のない休養日に愛犬とオフタイム楽しむ
元ジャンポケ斉藤慎二被告が告白、活動休止中に住んでいた県「ずっと休んでいた時間…」
北川景子、ミュージシャンの「号泣告白」に感謝 主演連ドラ完走し「呆然です…」
鈴木奈穂子アナ朝ドラ受け「メイコちゃんは歌ですかね」と予想 大吉は「妻夫木さんは…」と興味
野口健氏「山梨県知事の大、大、大英断」富士山レンジャーへの「登山規制」権限付与を評価
『炎使い』や『雪の女王』 微妙な能力のまさかの使いどころは…!?「今日も平和」「好き」
高カロリー食の罪悪感を一瞬で消し去るマジックワードとは?「分かる」「嘘はついてない」
Mrs. GREEN APPLE、ディズニーパレードにサプライズ登場 イベントテーマ曲担当
給与天引きで初任給0円 ミャンマー人女性が「三ツ矢堂製麺」を提訴