KUALA LUMPUR -- China's Alibaba Group Holding, the world's largest online transaction company, is looking at developing economies with large, young populations and numerous small enterprises as its next growth engines.
Better known for online marketplaces like Taobao, Alibaba is turning to developing countries in Southeast Asia, South America, and Africa. The plan is to export its Electronic World Trade Platform, or eWTP, a cross-border e-commerce infrastructure capable of supporting business-to-business and business-to-consumer transactions.
