BPS Technologies Limited
(ASX:BPS) has signed a Merchant Agreement to facilitate the selling and distribution of Morlife health products in the China market.
Morlife is a manufacturer of organic foods, and will be the first BPS merchant to sell through Alibaba’s sales channels.
BPS says that the Morlife products will be sold on Alibaba’s website, 1688.com, via its Merchant Agreement with SmartTrans Holdings
(ASX:SMA)BPS will earn a merchant and marketing fee for all goods sold under this arrangement involving SmartTrans and 1688.com.
BPS reported a net profit of $3.5 million at 31 December 2015.
