Alibaba's Jack Ma Promises to Help Australian Small Businesses Grow

©iStock/FiledIMAGE

Jack Ma, CEO of Alibaba and considered China's richest tech boss, with a net worth of about $US28 billion, promises to use funds he received from the Australian government to help Australian small business grow and expand offshore.  He just cut the ribbon on a brand new Alibaba HQ in Australia.

It's understood the Daniel Andrews state government has provided a number of "incentives" to Alibaba to set up its Australia-New Zealand headquarters in Melbourne but the ecommerce giant refused to reveal the exact nature of these concessions or the size of the investment.

Read more here.

from The Global Small Business Blog http://ift.tt/2ll4DVs