Yosen Group has collaborated with Yiwu China Commodity City Information Technology to roll out e-commerce sites in four large US states.

The two will be exclusive partners in cross border trade, e-commerce, warehousing, and logistics in New York, New Jersey, Connecticut and Pennsylvania for the next five years.

Both parties will jointly develop an independent website to supplement Yiwu’s official e-commerce platform yiwugou.com.

Through the yiwugou.com platform, merchants can demonstrate their products, manage online stores and complete transactions. Buyers can easily view stores and products, place orders, and enjoy all the convenience and comfort that yiwugou.com can provide.

Yosen will be fully responsible for the US online platform operation and order processing, while Yiwu will provide technical assistance, data support, online and offline marketing, website traffic referral, and free transit warehousing.

The domain name yiwuny.com will become intellectual property owned by Yosen. All profits from cross border trade and the US e-commerce platform will belong to Yosen only.

“Yosen will enjoy all the subsequent profits from the cooperation and the New York e-commerce platform,” said Yosen’s CEO Zhenggang Wang.