ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business

Malaysia gets Alibaba on board to promote e-commerce

Jack Ma will counsel development of Digital Free Trade Zone

Prime Minister Najib Razak, left, with Alibaba’s Jack Ma in Kuala Lumpur on Wednesday

KUALA LUMPUR -- Malaysia has enlisted Alibaba Group Holding in its effort to double e-commerce growth by 2020 to ensure it makes a fuller contribution to economic development.

With deals signed on Wednesday, China's Alibaba, the world's largest online transaction company, will establish a logistics hub at Kuala Lumpur International Airport (KLIA), assist Malaysia in talent development, and develop a mobile payment platform.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more