Chinese multinational conglomerate company Alibaba aims to to buy food products, including fresh seafood, worth $200 billion (€177.8 billion) in the next five years.

As China's population expands rapidly, Alibaba Europe General Manager Terry von Bibra told IntraFish the e-commerce giant is interested in dealing with suppliers of salmon, brown crab, king crab, toothfish, oysters and cod.

Von Bibra said the company has a refrigeration chain in China, a good logistics machine for the seafood industry.

Last October, the Alibaba Group went into business with Mowi to sell salmon.