The founder of China’s Alibaba Group Jack MA, proposed to build the road for entrepreneurs, which would connect Asia, Europe and the United States. As reported by video News Service, he stated at the Astana economic forum.
The businessman gave the example of the silk road, which linked China and Europe. Electronic road, in his opinion, could also link entrepreneurs and consumers from Asia, USA and Europe. “On this e-way any small business can “ride” for free and run your business for free. In this way everyone who has a mobile phone that can buy and sell anything”, — said MA.
According to Alibaba Group founder, globalization for the last 20 years has not produced benefits for small businesses and developing countries.
Chinese giant electronic Commerce Alibaba was founded by Jack MA in 1999. In September last year, the retailer held the largest initial public offering (IPO) on the stock exchange, which attracted nearly $ 25 billion. In June 2015 the market capitalization of Alibaba Group amounted to 223 billion dollars.
