Chinese e-commerce giants Alibaba and Lazada have expressed optimism about the Philippine market as former president Gloria Macapagal-Arroyo visited their headquarters during her recent trip to China.
The former president travelled to Shanghai and Hangzhou on April 1 and 2 to lead a group of Filipino youth as part of a larger itinerary in China on the invitation of the Beijing-based China Public Diplomacy Association . "Both Alibaba and Lazada expressed excitement over the dynamism of the Philippines' e-commerce market," DFA said.
"Chairman Zhang proudly cited Philippine products now 'unlocking the Chinese market' via Alibaba platforms, such as Sunflower crackers Sunnies Face cosmetics, and Kojie San skin lightening products," DFA added.