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New Delhi: Chinese e-commerce giant Alibaba Group’s wholesale trading platform said on Monday that India is one of its fastest-growing markets with about 4.5 million registered users.

India is the second largest market for Alibaba’s business-to-business platform after China followed by the US and Europe, said Timothy Leung, head of global business development during his visit to Delhi. has about 40 million users across 190 countries.

“India is at a stage where e-commerce is set to kick-off and we see a huge opportunity there," added Leung. on Monday launched an online platform SMILE (Small and Medium Industries Leveraging Export) to provide small and medium enterprises (SMEs) in India access to global business trading counterparts as well as trading solutions such as financing, logistics, inspections and certifications, technology and SME trade-linked education.

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