Alibaba Group breaks ground in Malaysia

Alibaba Group Opens Office in Malaysia
Alibaba Group opened its national office in Malaysia today, marking a new chapter in the company’s deepening strategic cooperation with Malaysia, which is the first eWTP hub outside of China.

Left to Right: Ambassador Bai Tian, China Ambassador to Malaysia, Jack Ma, Executive Chairman and Founder of Alibaba Group, YB Lim Guan Eng, Finance Minister of Malaysia, Gobind Singh Deo, Minister of Communication & Multimedia

Located in the heart of Kuala Lumpur at The Vertical Bangsar South, the new office signifies Alibaba Group’s continued endeavour to bolster the technology capability of Malaysian SMEs and young entrepreneurs, provide support and platforms to assist them to drive exports, as well as offering extensive training programs to help them take advantage of digital innovations and trade opportunities.

“Alibaba’s focus is on three areas when we partner with Malaysia as well as other countries – to digitize our local partners and empower small businesses and young people to go global.

“Over the past 30 years, only large corporations have benefited from globalisation.

“Imagine if we can support 60 million small business around the world; this is Alibaba’s vision of an inclusive and sustainable economy,” said Jack Ma.

“Working closely with the Malaysian government, we will support and empower as many small businesses and young people as possible to use technology to become local kings and benefit from globalisation.

“This is the beginning of our story in Malaysia and I think Alibaba’s story will be long and we will make this story together,” he added.

Serving as a ‘one-stop solution centre’ for local businesses, the country office is designed to engage with existing local partners, help Malaysian businesses identify global cross-border trade opportunities, as well as to support the country’s technology innovation through cloud computing services.

“I would like to congratulate Alibaba for the opening of its national office in Malaysia. We consider this a shining symbol of China-Malaysia friendship that is based on mutual respect and benefits that augurs well for the cooperation on the part of governments, businesses and people from both countries.

“We look forward to the opportunities this partnership will bring to Malaysian SMEs and I am confident that the eWTP together with the Digital Free Trade Zone (DFTZ), will encourage more Malaysian SMEs to participate in ecommerce and increase their exports to other countries in Asia and beyond.” said Minister of Finance Malaysia, Yang Berhormat Lim Guan Eng.

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