Alibaba has opened an office in Malaysia, its first country office in Southeast Asia.
First Electronic World Trade Platform (eWTP) hub outside China
The new office will serve as a one-stop solution centre for local businesses, helping them identify global trade opportunities and take advantage of digital innovations. It will offer training courses to assist young entrepreneurs to export their products globally. Besides the eWTP, Alibaba has also established a cloud computing data centre and brought its mobile payment service Alipay to Malaysia. Its investment in Malaysia has reached over US$100M.
Part of broader strategy to grow in SEA
Alibaba has been building different infrastructures to support its expansion in SEA. This includes a warehousing facility built near the Kuala Lumpur International Airport and a logistics hub in a Digital Free Trade Zone (DFTZ). The facilities will help to ease border clearance and handling times. The aim is to help small and medium-sized enterprises in Asia to sell their products on online marketplaces.
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