Chinese online retailer expands into Hungary

China-based Yiwubuy has launched an e-commerce site for Hungary.

The Hungarian site – hu.yiwubuy.com – is available in three languages – Hungarian, Chinese and English. It offers a wide range of products from apparel to toys to restaurant supplies.

The online retailer plans to partner with local sellers and will build a credit transaction guarantee system to provide more convenience to customers.

YiwuBuy is operated by Zhejiang China Commodity City Group and serves as an online marketplace for 70,000 merchants.

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