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Thailand to promote further cooperation with Alibaba

ezhejiang.gov.cn| Updated: December 9, 2016 L M S

A delegation led by Thailand's Deputy Prime Minister Somkid Jatusripitak visited China's e-commerce giant Alibaba in Hangzhou, Zhejiang province on Dec 8, declaring a new cooperation between the two sides.

According to the agreements, Alibaba will share their experience on international e-commerce with local enterprises in Thailand and provide training for Thai officials on big data and artificial intelligence.

Alibaba will also help Thailand to develop an efficient logistics system and explore cooperation opportunities in Thailand's eastern economic corridor.

It has been the third meeting between Jack Ma, chairman of Alibaba, and the heads of the Thai government after Thailand Prime Minister Prayuth Chan-ocha discussed cooperation with Ma while the G20 summit was held in Hangzhou in September.

Ma said Thailand can create its own digital economic miracle by embracing new technology and helping its young people to develop the new economy.

In August 2015, Thailand launched a store on Alibaba's Tmall.com to sell its home brands. In November this year, Alibaba's financial affiliate Ant Financial announced a strategic investment in Thailand's payment firm Ascend Money, seeking to use its payment technology to serve more than half of Thai netizens in the next five years.

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A delegation led by Thailand's Deputy Prime Minister Somkid Jatusripitak visit China's e-commerce giant Alibaba in Hangzhou, Zhejiang province on Dec 8. [Photo/cnfol.com]

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