Alibaba’s Ma cautions against U.S.-China trade war

Stakeholders in the air cargo industry have been critical of U.S. President Donald Trump’s protectionist rhetoric since before he took office in 2017. Yesterday, Alibaba chairman Jack Ma added to the chorus of disapproval as he discouraged pursuit of a trade war between China and the United States, while embracing “American-led globalization.” Ma’s commentary on […]

Alibaba inks deal to grow Pakistan e-commerce sector

Another country heard from! Chinese e-commerce behemoth Alibaba has added a new nation to its growing theater of operations: Pakistan. The two partners have signed an agreement to develop Pakistan’s e-commerce sector by fostering growth of exports from the South Asian country’s small- and medium-sized enterprises (SMEs) into the regional economy. Under the agreement, Alibaba […]

Alibaba Group to open first overseas ‘e-hub’ in Malaysia [VIDEO]

Alibaba Group is setting up its first overseas “e-hub” for what CEO Jack Ma calls the Electronic World Trade Platform (eWTP). The new outpost, in Malaysia’s new Digital Free Trade Zone (DFTZ), is expected to be launched by the end of 2019. The news underscores the pace at which the Chinese e-commerce giant is expanding […]

What is eWTP, and why you should care

Last year broke sales records for Tmall Global, Alibaba’s online platform that enables international brands to sell directly to Chinese consumers. But for Alibaba, this is just the start. In David Harris’ piece in our sister publication, Cargo Facts, he write about Alibaba’s vision of the “Electronic World Trade Platform” – a sort of World […]

Chinese cross-border e-commerce purchases to skyrocket in 2016

More than 15 percent of Chinese will purchase e-commerce goods from abroad this year, according to a recent eMarketer report. These 181.2 million e-commerce customers will represent a 41.6 percent increase over 2015, when 128 million Chinese engaged in cross-border online purchases. Companies such as Alibaba, which has a significant stake in the regional online […]

Ma to G20: ‘Tear down this wall!’

Regulations and protectionist trade policies are killing small business, according to Alibaba Group Executive Chairman Jack Ma, who spoke at the St. Petersburg International Economic Forum last week, calling for a removal of trade policies that hinder global commerce. In most countries, Ma said, small- to medium-sized enterprises (SMEs) contribute “more than 50 percent of […]