ZALL Makes Headway in Global Digital Trade With New Strategic Rebrand
ZALL Smart Commerce Group (ZALL), Asia’s largest B2B e-commerce group, looks to become the world’s leading global digital trade platform with its new strategic rebrand. It aims to create an open and interconnected B2B trading ecosystem between China and ASEAN, and to drive the rapid growth and development of industries and businesses through the use of new trading methods and advanced technologies.
With the strategic rebrand, ZALL aims to create value through its global intelligent services across B2B transactions, supply chain services and digital cloud services, transforming industrial value chains across the region and enabling businesses to improve overall efficiency. ZALL currently serves around 30 B2B platforms in China, the United States and Singapore, to millions of SMEs worldwide. It has also been investing heavily in the development of next-generation intelligent trading platforms to help empower seamless data exchange across platforms integrating information, logistics and capital flows across wholesale and commodities, retail trade and logistics industries in China and Singapore.
Testament to their hard work and effort, ZALL and its Singapore-based international trading platform, Commodities Intelligence Centre (CIC), were recently conferred the prestigious Gold and Silver Awards at the 2021 Asia-Pacific Stevie Awards during the virtual awards ceremony held on 14 July 2021. It is a major achievement for the teams as it highlights ZALL’s dedication towards transforming global trade and supply chains since its strategic rebrand.
Peter Yu, Executive Vice President of ZALL Smart Commerce, Singapore, shared, “As the world continues to adapt and rise up to the challenges posed by the pandemic, we wanted to focus our efforts on digital innovation, creating an even more resilient and sustainable global trade and supply chain ecosystem. This can be done by incorporating data and digital technologies into every part of the industrial value chain, from both the demand to the supply side. With our expertise in Artificial Intelligence, Big Data and Blockchain, we believe we are well-positioned to help businesses worldwide adopt innovative technologies to succeed in the new digital world order.”
On the back of its strong technology research and development capabilities, ZALL was also ranked 58th in the ‘2020 Global Blockchain Invention Patent Ranking’ published by the incoPat Innovation Index Research Center. ZALL’s research institute was granted more than 200 intellectual property rights last year, namely in the fields of blockchain, artificial intelligence and big data. Recognising the complexity and difficulty of adopting blockchain for many enterprises, ZALL recently launched ‘Z-Block Gateway’, a blockchain Backend-as-a-Service (BaaS) solution that is both low-code and easy to operate and deploy across various industries and mainstream cloud servers.
Alongside ZALL, CIC has also launched “CORP INFO” that offers “Know-Your-Counterparty” and “Credit Info” services to help SMEs manage their business risks by being able to verify and conduct due diligence on prospective business partners and counterparties before engaging in official dealings. Companies will have access to a range of essential business information such as business registration, historical background, holding companies, shareholders, legal and financial activities, lawsuits and related risks of more than 200 million companies and 2.1 billion trade records in Singapore, China and other parts of the world to help businesses better identify their counterparties.