RapidCloud pens Malaysia deal with Alibaba

The AIM-traded company said the appointment will place RapidCloud as one of Alibaba.com's authorised Gold Supplier Membership channel sales partners in Malaysia.

Its board said it will enable RapidCloud to help Alibaba.com enroll Malaysian SMEs into its membership, offering Alibaba.com's Malaysian Gold Supplier members - typically exporters, traders, retailers and manufacturers - certain value-added services via the international business-to-business platform operated by Alibaba.com.

RapidCloud will initially deploy at least 30 salespeople over the first six months of the agreement, which will expand to at least 40 salespeople within the first year of the agreement.

“The partnership with an esteemed global business-to-business leader such as Alibaba.com will enable the enterprises in Malaysia to benefit from this powerful trading platform,” said managing director Raymond Chee.

“We believe the ability to procure local support, training and access to other B2B products proprietary to RapidCloud, from a local company they are familiar doing business with is particularly compelling to customers and ultimately benefit enterprises across Malaysia.

“Collaboration with partners who can offer complementary products and services will undoubtedly play a central role in RapidCloud's organic growth strategy,” Chee explained.

“This partnership with Alibaba.com fits particularly well with this strategy and delivers significant value to our shareholders.”