SOURCING GLOSSARY
What is 1688?
China's largest domestic B2B marketplace (1688.com). Native Chinese platform with factory-direct pricing 30-60% below Alibaba. Requires payment workarounds for foreign buyers.
Related Terms
Alibaba
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MOQ (Minimum Order Quantity)
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Landed Cost
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Trade Assurance
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Private Label
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Chinese New Year (CNY)
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