Chinese e-commerce giant Alibaba’s Founder and executive chairman, Jack Ma today spoke at an event organized by FICCI – India’s trade body – and proposed to invest more into Indian businesses and help entrepreneurs.
Alibaba who got listed in September in an IPO ranks as the world’s biggest at $25 billion, making Ma the richest man in Asia with wealth of more than $20 billion.
“I myself commit that we will invest more in India, work with Indian entrepreneurs, India technologists to improve the relationship of the two nations and to improve the great lives of human beings,” Ma said.
“India is a great nation, full of potential and hope. We will invest more in India. I have heard the Prime Minister’s speech and it is very passionate and inspiring. As a businessman, I was inspired and moved by it. Both China and India can achieve a lot by working together; we will improve our platform and technology in the future. Internet is changing the world and internet will change India too,” he added.
Ma was a school teacher before starting his business venture in 1999. The company is now valued at $240 billion, and is making a valiant effort to reach out to smaller businesses across the globe.