How Alibaba Is Working Towards Establishing Itself In Rural China?

Reports suggest that Alibaba plans to train a million teenagers in rural China to help them launch their own online business. The company’s internet finance arm, Ant Financial, plans to invest $155 million to support college graduates who wish to return to their home province to become entrepreneurs. In the beginning of this year, Alibaba’s CEO Daniel Zhang had mentioned that rural e-commerce will be one of its key battlefields in 2016. Rural markets in China hold strong growth potential for...