Alibaba Group executive chairman Jack Ma has launched the group’s first office in Southeast Asia here at The Vertical, Bangsar South, marking a new chapter in the company’s deepening strategic cooperation with Malaysia.

Ma was accompanied by Chinese ambassador to Malaysia, Bai Tian during the official launch.

“Alibaba’s focus is on three areas when we partner with Malaysia as well as other countries – to digitize our local partners and empower small businesses and young people to go global. Over the past 30 years, only large corporations have benefited from globalisation. Imagine if we can support 60 million small business around the world; this is Alibaba’s vision of an inclusive and sustainable economy,” said Ma at the ceremony.

Communications and Multimedia Minister Gobind Singh Deo was also present at the Alibaba office launch, as was Finance Minister Lim Guan Eng.