Ma signed a cooperation agreement with the Thai Prime Minister Ali to enter the electricity supplier

March 11, 2017 0 Comments

Beijing on December 9th news, according to foreign media reports, Alibaba global expansion plan to take a step forward. Thailand’s Deputy Prime Minister Ji Ji visited the headquarters of Alibaba, with Ma signed a two agreement between the Thailand government and Alibaba in the field of e-commerce cooperation agreement.

said in a statement on Thursday that it will provide digital technology training services to 3 Thailand SMEs and 10 thousand individuals, and to help enhance the supply chain and logistics services in Thailand.

of Alibaba

in November last year, Alibaba’s investment in cloud services Thailand digital payment services Ascend Money. Ascend Money also provides microfinance services to users.

ant gold investment Ascend Money, will help Alibaba to enter the Southeast Asian electricity supplier market. Alibaba April investment in Southeast Asia electricity supplier Lazada Group $1 billion, to acquire the latter’s controlling stake. This is by far the largest foreign investment in Alibaba.

in the mainland with the dominant Chinese status unceasing enhancement, the Alibaba on the international market "ambition" is also growing, although Taobao and Tmall are selling problems, maintain the leading advantage of Jingdong to Alibaba, and Amazon electricity market fierce competition in India.

management consulting firm Bain recently released a report, in Southeast Asian countries, Thailand electricity supplier industry is growing rapidly, may reach two digits. Thailand consumers use Instagram and Line and other social media platform to find goods, and then through the electricity supplier to buy. Government initiated electronic payment system designed to make Thailand a cashless society, may promote the growth of e-commerce in Thailand.

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