By Chris Wack

iFresh Inc. said it has entered into a master product supply agreement with Alibaba.com Singapore E-Commerce Private Ltd., also known as Tmall Global.

The company said this agreement establishes a cross-border trade partnership, enabling iFresh to sell American food and products to China via Tmall Global's cross-border e-commerce platform.

Under the agreement, iFresh will bring fresh American food and products to Tmall Global, including products like infant formula, dried fruit, coffee and other snacks. The products will be sent to Tmall Global's overseas warehouse in the U.S.

Based on each sales order, Tmall Global will provide one-stop control and the management service of sorting, packaging and distribution. Services will be carried out directly from the overseas warehouse to the end-consumers in China.

iFresh shares were up 15% to 99 cents in premarket trading.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

11-10-21 0918ET