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Two Davao durian exporters sign $27-million deals with Chinese e-commerce firm

The agreements link two Davao-based exporters with Somago (Tianjin) Cross-border E-commerce Co. Ltd., according to Manila Standard.

DavaoNews Desk · based on reporting by Manila StandardTue, Nov 10, 8:33 PM

Two durian exporters based in Davao have signed agreements worth a combined $27 million with a Chinese company, Manila Standard reported.

The buyer is Somago (Tianjin) Cross-border E-commerce Co. Ltd., according to the report. The available report does not name the two exporters or say when the agreements were signed.

It also does not give the volume of durian covered, the length of the contracts, or how the $27 million is split between the two companies. DavaoNews will update this story as more information becomes available.

Why it matters for Davao

Durian is closely tied to Davao's identity and economy, and the deals involve Davao-based exporters supplying a Chinese buyer.

This article was written by the DavaoNews desk with AI assistance, using reporting by Manila Standard. Facts come from the original report, which we credit and link below. Our editorial policy

Read the original at Manila Standard

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