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Taobao HK Forges Collaboration Mechanism with HK Customs to Enhance Cross-Border Trade Regulation & Compliance Standards
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BABA-W (09988.HK)'s Taobao Hong Kong announced that it had recently signed a memorandum of understanding with Hong Kong Customs, making it the first cross-border e-commerce platform to establish such a collaboration.

Taobao Hong Kong will provide Hong Kong Customs with industry-specific business insights and forward-looking recommendations, helping it build a more efficient, transparent, and secure cross-border trade regulatory environment.

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Under the professional guidance of Hong Kong Customs, Taobao Hong Kong will also further optimize its internal product review and risk identification mechanisms to set up higher compliance standards for local cross-border online shopping services.
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