Everyone who knows Alibaba must hear about the splendid history of this company and Jack Ma.
Now, Jack Ma said that they will help support one million U.S. Businesses to sell to China and the rest of Asia through its network in the next five years.
| image credit: internet |
Ma made the remarks at Gateway' 17, a conference held by Alibaba in Detroit. The conference, which is held on June 20-21, features presentations and breakout sessions aimed at educating attendees on what and how to sell to China, especially through e-commerce platforms, so that they can grow their businesses and go global.
Ma said Alibaba has been supporting small US businesses to sell and buy online in the past 18 years. In California alone, the company has already helped create more than 20,000 jobs, according to Ma.
"If we can help one million small businesses online and each business can create one job, we can create one million jobs," said Ma, who added that "we are pretty knowledgeable on that."
Asked about the cost, trust and brand awareness required of a U.S. company that wants to do business in China, Wang (small US business owners) said:
"Alibaba is merely a platform. It is not as easy as simply starting a new sales channel and listing on Amazon.com (AMZN), which has created its own logistics network to standardized delivery. With Alibaba, if you are a small business, you have to go to third-party service providers to do everything from translation, to dealing with legislation, logistics, how to ship to Chinese consumers. For small business, it is a big risk and burden for sellers to join the platform."
"In the past 20 years, globalisation and free trade were designed for big companies and developed countries. In the next 30 years, we should make globalisation more inclusive to support small businesses, young people and farmers," said Ma.
Alibaba Group Holdings (BABA) stock is up 58% this year in U.S. trading as the company talks up global expansion.
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This post first appeared on The Key To Keep Your Business Strong As China Devalues Yuan, please read the originial post: here
