ISSN 2330-717X

Alibaba’s Jack Ma Eyes Sri Lanka For E-Commerce


Chinese e-Commerce company Alibaba is interested in investing in Sri Lanka to build an e-Commerce platform to further promote its on-line business ventures, according to the Sri Lanka government.

The founder of Alibaba e-Commerce Company and its current chairman Jack Ma expressed his interest during a January 18 meeting with Sri Lanka’s Finance Minister Ravi Karunanayake on the sidelines of World Economic Forum 2017 held at Davos, Switzerland, the government said.

According to the Sri Lanka government, Chairman Jack Ma said that he will take immediate action to start investing in Sri Lanka. He also pointed out that his proposed investment will generate hundreds of employment opportunities to the youth of Sri Lanka.

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