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Alibaba and Thailand Sign Agreement to Help Thai SMEs

China’s leading e-commerce company, Alibaba Group’s Executive Chairman Jack Ma and Thailand’s Deputy Prime Minister Somkid Jatusripitak signed a Letter of Intent for Thailand and Alibaba to cooperate to develop e-commerce in Thailand.

The agreement covers four key areas:

  1. Alibaba will offer e-commerce training to Thai SMEs to aid their access to domestic and international e-commerce platforms;
  2. Thailand and Alibaba will collaborate on the creation of a nationwide People and Talent Development Program;
  3. Alibaba and its majority owned e-commerce platform in Southeast Asia, Lazada, will contribute to the development of Thailand’s supply chain and logistics systems; 4) Alibaba and the Thai government will explore cooperation opportunities under the Eastern Economic Corridor Development project.

Source: Business Strategies Group Hong Kong  –  www.bsgasia.com

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