Business

Orbsat Corp (NASDAQ: OSAT) Boosts its Business Presence in 190 Countries With Launch In Alibaba.Com

Orbsat Corp (NASDAQ: OSAT) has disclosed information about its Global Telesat Communications (GTC) unit’s resolve to enter a new business agreement with Alibaba Group Holding Ltd – ADR (NYSE: BABA). It particularly enters the deal with Alibaba Group Holding Ltd – ADR (NYSE: BABA)  B2B e-commerce website. 

Strategies to ensure better service delivery

Alibaba.com takes great pride in the significant steps it has made so far in its business undertakings. For instance, it currently has more than 26 million global active business partners, which happens to be a significant milestone. Furthermore, reports indicate that these partners have customers in about 190 countries.

 It speaks out on the many product inquiries it keeps receiving that go as high as 340,000 product inquiries and about 20,000 RFQ’s (“Request for Quote”). The figures represent what it receives on an average day.

GTC happens to be the most trusted seller among all the gold suppliers on Alibaba.com, and it seems to be making some crucial moves lately. It seeks to expand its 24/7/365 e-commerce presence as much as possible, and it considers the unveiling of its latest global storefront to be a step in the right direction in achieving its objective. 

Orbsat speaks out

Orbsat has stated its next plan, which will be to unveil its new storefront. During the third quarter, it intends to do so, outlining that it will be utilizing some wide-ranging connectivity products and satellite IoT.

There will be the use of Orbsat’s specialized satellite tracking products, in which case a section of them function with heavy reliance on the company’s ground station-based network processors. The products in question happen to be somewhat helpful in monitoring and tracking boats, containers, animals, cars, trucks, trailers, and other remote assets.

The Chairman and CEO of Orbsat, Charles M. Fernandez, opines, “With our launch on Alibaba.com, the world’s largest B2B platform, we are significantly accelerating our global expansion plans, expanding, and deepening our e-commerce reach into nearly every country. This will allow us to better serve the needs of our enterprise customers across the world.”

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