The onset of the coronavirus pandemic has not darkened the prospects of Kenya being an international business destination.
Kenya plays an integral part in intra-African trade with the World Bank Ease of Doing Business Report 2020 ranking her 56 out of 190 globally in terms of countries that possess the best business environment.
This can be witnessed by the entrance of a global e-commerce giant Xingyun Global in Kenya which plans to invest over Ksh.65 billion (US$.600 Million) for the next three years.
The company set its sails in Kenya this month and has already recruited over 1,000 Small and Medium-sized Enterprises (SME) and have their eyes set on all major players.
With their multi-categories offering ranging from phone accessories, home appliances, clothing, beauty and many more, are targeting to provide assorted quality goods to over 100,000 SMEs by the end of 2021.
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Speaking during their Warehouse tour, Xingyun Global Country Director Mr. Lei Wang flanked by his Kenyan counterpart Anderson Ngaru, the firms’ Commercial Director promised to make global trade easier between Kenya traders and China.
Their business model links traders with over 10,000 brands and factories in China.
Goods are sourced from verified supplies in China and are offered to businesses at factory rates.
Xingyun Global is also planning to set up a Customer service and after-sales support centre in Kenya’s capital, Nairobi.
The company was established in 2015 and belongs to Shenzhen TianXingYun Supply Chain Company Limited.
It is one of the top import commodity supply chain enterprises in China and has obtained strategic investments from first-tier investment institutions.
