The term ‘affiliates’ is commonly used in the Chinese financial industry to describe businesses that are run and managed by someone from China, such as a bank, state-owned enterprises or telecom company.
These entities are often listed on Alibaba, and sometimes directly on the website, in an attempt to encourage Chinese investors to buy shares in the business.
But in reality, the process of establishing an affiliate relationship can be quite complex, with many questions being asked and often contradictory information exchanged between the business and the affiliate.
Here’s what you need to know about how to establish an affiliate link on Alibaba.
What is an affiliate?
An affiliate is a company that has entered into an agreement with a Chinese company to sell shares to the Chinese company.
A Chinese company sells shares to an affiliate through a company called a ‘co-branded affiliate’ or a ‘bundled affiliate’.
An affiliate will typically charge a fee to the affiliate to buy the shares in question.
How is an Alibaba affiliate linked to a Chinese bank?
An Alibaba affiliate link can be created through a co-branded, bundled or bundled affiliate.
The co-branded affiliate must first establish its own website, and then it will then become the ‘official’ affiliate of the company listed on the Alibaba website.
The company listed in the Alibaba site will then have a direct relationship with the co-Branded affiliate, and will act as a gatekeeper between the two entities.
The bundled affiliate must also establish its website, or it will become the official affiliate of an affiliate that is linked to it.
The official affiliate will then receive commission on any sales made through the Alibaba affiliate links, and the fees they pay for selling the shares to Alibaba.
In other words, the affiliate is not a customer.
The affiliate will have to make sure the company’s name is not used in connection with the Alibaba link, and it must not sell the shares for less than a set amount.
Where do I get an Alibaba affiliated bank account?
You can establish an Alibaba bank account through an affiliate.
In order to establish a bank account, the Alibaba brand will have the ‘business name’ or ‘brand’ of the Alibaba-affiliated company.
This is a brand name, and not a real business name, so it does not require an official Alibaba account.
Once an Alibaba-linked bank account is established, it is registered with the ‘bank’ of Alibaba, which is the Chinese equivalent of an US bank.
You can then transfer money through the bank account to other accounts in the name of the bank.
Why should I use Alibaba for my trading?
In the long run, the main reason for using Alibaba is to create a strong link between the Alibaba branded business and Alibaba’s business operations.
The link will help other Chinese companies get the best deal in the marketplace, which will help the Alibaba company to grow its business.
You may also use Alibaba as an option for investors to avoid paying high transaction fees.
It is an extremely secure way to trade, as the exchange rate between the US dollar and the Chinese yuan is often much lower than the international exchange rate.
Where to buy Alibaba shares Alibaba stock is traded on the platform through a ‘coinbase’ platform.
This platform allows investors to trade shares through an account that will be linked to the Alibaba affiliated business.
The coins you buy will be worth more in the future, and you can also buy more of the same stock through a different account, at a lower price.
You will also be able to buy an identical share of Alibaba stock at a discounted price through a separate account.
You are then able to trade it with your online broker through the platform.
Where can I buy Alibaba stock on Alibaba?
You are able to purchase shares of Alibaba through a number of exchanges.
Alibaba stock can be bought and sold through exchange platforms such as BTC China, Binance, BtcGuru and Bitfinex.
You also can buy shares of the business through a limited trading window in the US and the UK, where you can buy up to 20,000 shares of a single company at one time.
To find the right exchange to buy and sell Alibaba stock, we recommend you visit Alibaba.com to find out more.
When can I use my Alibaba branded bank account on Alibaba platforms?
You must establish an account with a bank within China.
This will ensure that the Alibaba business operates in China, and that the bank has the necessary regulatory approvals to act as an affiliate of Alibaba.
The bank must ensure that all information related to the business is kept separate from the business itself, and this can take a long time.
However, the bank must maintain an appropriate audit trail of the accounts and the transactions of the businesses it manages.
The Alibaba branded accounts can be used on the same platform as any other account, and they can be transferred to any other Alibaba branded account at a later date.
Where will the money go? The