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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.

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