Malaysia - Chinese e-commerce giant Alibaba on Wednesday announced a plan to set up an e-commerce hub in Malaysia.
The hub will encompass logistics, cloud-computing and e-financial services.
The hub will be part of the collaboration between Alibaba and the Malaysian government in the development of a digital free-trade zone in Malaysia in line with the Electronic World Trade Platform promoted by Jack Ma, Alibaba’s executive chairman.
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Among the co-operation announced, Alibaba’s logistics platform, Cainiao, and its e-commerce website, Lazada, will lead Alibaba’s other subsidiaries and affiliates in the development of a regional e-commerce and logistics hub near Kuala Lumpur International Airport.
Alibaba Cloud will build a cloud-computing platform to foster small and medium enterprises in Malaysia.