Powerbridge announced that the company has acquired 19% stake of DTI Group, a technology company specializing in international trade digitalization and platforms. DTI is a platform developer and service providers for Digital Trading Infrastructure & Online Dispute Resolution, a project initiated by the United Nations Conference on Trade and Development. With the strategic acquisition, Powerbridge and DTI will be working closely together to implement the United Nation’s project. The objective of the project is to enhance digital trade connectivity and operations among online cross-border trade platforms and offline trade hubs in order to empower both the established and new global trade players. The project will also be equipped with various digital trade systems that encourage cooperation and communications among local and global players, which is designed to increase the overall efficiency of cross-border trade and e-commerce.
Published first on TheFly
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