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Alibaba.com plans to create 5k local SME entrepreneurs

  • Published at 12:42 am September 29th, 2016
Alibaba.com plans to create 5k local SME entrepreneurs
“We want to provide a platform that would create 5,000 SME entrepreneurs in three years in Bangladesh,” said its Strategic Director Jack Zhang who participated at a program held in Dhaka through a video conference. Jack Zhang said: “Currently, Bangladesh has more than 15 million online subscribers and if we net 10% of them, it would be a huge market for us.” While inaugurating Alibaba’s partnership with local e-commerce company Tradeshi Ltd in the city, State Minister for ICT Zunaid Ahmed Palak welcomed the Alibaba’s plan as saying “It would create 20,000 more entrepreneurs indirectly. “The government is considering to formulate an e-commerce policy soon for promoting e-commerce in the country.” Chairman of Tradeshi Rajib Hossain said: “Our joint initiative will help diversify export of the country. Through the platform, the SME entrepreneurs would easily export their products. Alibaba would provide all sorts of e-commerce solutions for exporting the products.” Managing Director of Tradeshi Shadaf Hossain put emphasis on national branding to attract global buyers, and establish networking with African, South American, Eastern Europe and Russia, East Asia and Asia-Pacific countries’ buyers, particularly non-traditional ones. E-commerce Association of Bangladesh President Razib Ahmed proposed to make a platform, so they could import products from China.