Floki Inu (FLOKI), one of Shiba’s (SHIB) biggest competitors, announced that its users can now buy products from the e-commerce giant AliExpress.
SHIB competitor agrees with AliExpress for e-commerce payments
Floki Inu (FLOKI) announced on Twitter that it can be used for shopping on AliExpress, one of the global e-commerce platforms.
The official announcement states that this feature is made possible thanks to the AliExpress integration of Shopping.io, a leading online store that accepts over 150 types of cryptocurrencies for transactions.
https://twitter.com/RealFlokiInu/status/1663967556577681409
This move significantly expands FLOKI’s ecosystem. For FLOKI, it adds the option to purchase from over 100 million ranges on AliExpress and ship to over 200 countries worldwide.
How did the FLOKI price react to the news?
Ranking 118th by market value, FLOKI gained around 3% after the announcement. The rally was largely triggered by the AliExpress news. For comparison, BTC and ETH were trading sideways below 0.5% during the same hours. FLOKI price rose from $0.00003070 to $0.00003587 at this time.
As Cryptokoin.com reported, FLOKI announced its partnership with Binance in January. The meme token announced its strategic partnership with Binance Marketplace in new other news today.
FLOKI partnerships: Binance, sports channels, ITTF
The meme token announced earlier this year that it has formed a strategic marketing partnership with Binance Pay. The partnership aims to increase FLOKI adoption by rewarding users who purchase at least $1 of eligible Binance Marketplace products.
#Floki has launched a strategic marketing partnership with #Binance Pay.
The campaign will boost adoption for $FLOKI through a strategic marketing campaign with Binance Pay that rewards users who purchase at least $1 worth of goods from eligible Binance Marketplace merchants. pic.twitter.com/DsTBPK2NJi
— FLOKI (@RealFlokiInu) June 1, 2023
In another important development, FLOKI announced its sponsorship of the prestigious ITTF World Championship 2023. The matches were broadcast on China Sports TV (CCTV5). Moreover, his broadcasts have reached an impressive audience of more than 970 million people.
$FLOKI proudly sponsored #ITTFWorlds2023.
The games aired on CCTV5 and CCTV5+, China's main sport TV channels.
The broadcasts reached over 970 million people, with a cumulative audience of over 469M and over 128M unique viewers. #Floki's decisions are data-driven! pic.twitter.com/6TTv0zP4Ay
— FLOKI (@RealFlokiInu) May 31, 2023
FLOKI sponsored China’s main sports TV channels CCTV5 and CCTV5+. Thanks to this, it has recorded a cumulative audience of more than 469 million. It also successfully achieved widespread exposure, gaining over 128 million unique viewers.
About AliExpress: What can SHIB provide to its competitor?
AliExpress, an online retail service owned by Alibaba Group, is based in China. It currently serves customers around the world. Founded in 2010, the e-commerce giant offers a wide range of products from electronics to fashion, from beauty and personal care products to home and garden products and toys.
AliExpress is particularly appealing to cost-conscious consumers because of its attractive pricing strategy. The company is waking up a growing number of crypto enthusiasts around the world by adding support for FLOKI.
The facilitator of this integration is Shopping.io, an online shopping platform that provides a seamless experience for shoppers. It houses products from famous retailers such as eBay, Walmart, and Home Depot. It has now added AliExpress to its growing list. The Shopping.io platform has carved out a niche for itself, combining its wide range of products with the flexibility of cryptocurrency payments. This makes it the preferred choice for technologically savvy shoppers.
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