A Chinese B2B e-marketplace focuses on the Internet of Things – Cogobuy.com is working with China’s leading search engine, Baidu.com, to jointly extend both companies’ Internet of Things offerings, an executive says.
Sourced through Scoop.it from: www.internetretailer.com
Cogobuy Group, a Chinese business-to-business e-marketplace for electronics products, recently joined with China’s leading search engine, Baidu Inc., to extend both companies’ Internet of Things offerings. The two companies will offer Chinese small and medium-sized manufacturers funding and consumer feedback through Ingdan.com, a site operated by Cogobuy that connects start-up companies with suppliers based in the United States and other countries, as well as China. “The strategic collaboration between Cogobuy and Baidu hits a sweet spot,” Cogobuy CEO Jeffrey Kang says. “Together we will consolidate our advantages, industry resources, explore prospects, and promote and develop the vertical health care, education and cloud computing solution industries that are involved with the Internet of Things. The future will be the Internet of Things era, and entrepreneurs cannot make any achievements without support from supply chain services.”