Alibaba Group to further explore rural E-commerce market

2015-09-09 15:27

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Chinese E-commerce giant - Alibaba Group Holding Limited (BABA.NYSE) will explore rural E-commerce market in future, said company chairman Ma Yun on the China International Fair for Investment and Trade (CIFIT) held in Xiamen, Fujian province.

At present, the relatively underdeveloped rural infrastructure offered opportunities for the E-commerce in China, which represented the major work of Alibaba recently, according to Ma. CIFIT, approved by Chinese cabinet, the State Council, is convened in September every year in Xiamen and is the largest investment-facilitating fair in the world. In 2015, it commences on September 8 and will last until September 11.

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