JBS signs an 1.5 billion dollar agreement with Alibaba to sell meat in China

JBS signs an 1.5 billion dollar agreement with Alibaba to sell meat in China

The country is one of the main destinations of JBS products.

JBS announced this Tuesday that it has signed a memorandum of understanding with the Chinese e-commerce giant Alibaba to sell meats in China, an agreement that could generate up to US$ 1.5 billion in three years.

According to a statement by the Brazilian company, the document has already been signed by Renato Costa, president of JBS Carnes Brasil, and Richard Wang, Win Chain executive, Alibaba's subsidiary dedicated to the fresh food industry and which coordinates the company's supply chain.

Read more in Folha de S. Paulo

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