Hong Kong, 15th November: B2B e-commerce company Alibaba.com has confirmed its agreement to acquire Shenzhen-based export services provider One-Touch. This is Alibaba.com’s third acquisition this year. Financial terms of the deal were not disclosed.

One-Touch offers Chinese exporters services including: customs clearance, logistics, cargo insurance, currency exchange, tax refund, and financing and certification. One-Touch’s services will reportedly be available through Alibaba.com’s new China Gold Supplier 2011 edition package.

Source:  BSG Hong Kong  www.bsgasia.com