China’s ‘Internet Plus’ initiative for state-owned enterprises reached a new milestone on Monday with the launch of epec.com (易派客), a SC2B (supply chain to business) e-commerce platform by Alibaba Cloud and Sinopec, one of the major state-owned oil giants in China, for products in the petrochemicals sector.

Epec.com is very similar to Tmall, Alibaba’s B2C e-commerce platform, except that it specializes in mud pumps, sucker rods, and other oil and gas-related goods. In order to register for an epec.com account, users must verify that they belong to a company by entering information like the company’s tax and business license registration numbers.

“Public cloud services, such as Alibaba Cloud, greatly reduce the cost of investment, operation and maintenance,” stated Zhigang Wang, General Manager of epec.com, in Alibaba Cloud’s press release. “In the future, the architecture of this new cloud platform will enable us to quickly expand to do fuel oil, chemical products and CRM [customer relationship management] without duplication of efforts.”

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Eva Xiao

Eva Xiao is a tech reporter based in Shanghai. Contact her at eva.xiao@technode.com or evawxiao (wechat & twitter).