Alibaba Launches Industrial Goods Wholesale Site

Alibaba.com's (1688.HK) wholesale e-commerce site 1688.com will launch a channel for industrial equipment at mro.1688.com on June 30, ccidnet.com reported June 29. The new channel offers 23 categories of goods including machinery, electronics, hand tools and security system components and offer 62% discounts on its opening day, according to the report.

Alibaba released its wholesale site at 1688.com in early March.