Alibaba announces partnership with Malaysia
Malaysia will host the first overseas Electronic World Trade Platform
Jack Ma announced in Kuala Lumpur on Wednesday that Malaysia would host Alibaba’s first Electronic World Trade Platform outside of China. Ma envisions the platform as a way to offer a gateway into global ecommerce, lowering barriers into new markets, and would provide small business with easier access to financing. The platform will be run as a partnership with state-run Malaysia Digital Economy Corp.