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Stock impact report

Avnet Expands E-commerce Strategy in China with Alibaba

Avnet, Inc. (AVT) 
Last avnet, inc. earnings: 4/27 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.avnet.com/investor-relations
Company Research Source: Business Wire
Launches new Avnet Super Store on B2B e-commerce platform 1688.com and offers Alibaba Cloud-enabled Raspberry Pi product PHOENIX & HANGZHOU, China--(BUSINESS WIRE)--Leading global technology solutions provider Avnet (Nasdaq: AVT) has launched an Avnet Super Store on Alibaba Group’s China-focused B2B purchasing and wholesale marketplace, 1688.com, through an alliance with Alibaba Group, one of the world’s largest e-commerce companies. The companies announced the alliance, which brings together two established sources of technology innovation, on stage today during Alibaba’s Apsara Conference in Hangzhou’s Cloud Town. One of the first products offered through the new Chinese Super Store will be the Alibaba Cloud-enabled Raspberry Pi 3 Model B/B+ computer.“Through our alliance with Alibaba Cloud, developers in China can accelerate their IoT prototyping on a familiar and versatile platform with built-in cloud connectivity,” said Nishant Nishant, vice president of digital, Avnet. “By gi Show less Read more
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