Alibaba Group Holding Ltd (BABA) Taps The Economic Potential Of Xinjiang

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Alibaba Group Holding Ltd (BABA) Taps The Economic Potential Of Xinjiang
By Charliepug (Own work) [CC BY-SA 4.0], via Wikimedia Commons

Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA) has announced to push e-commerce into China’s western region, which has significant growth potential. Alibaba founder Jack Ma will tap the economic potential of China’s Xinjiang province and other neighboring areas to develop big data, e-commerce and cloud computing in the region.

Alibaba opens three online malls for Xinjiang

The Hangzhou-based company has signed an agreement with the regional government for