Alibaba Group Moves Into Micro-Credit with Grameen TR

Posted by Joachim Bartels | Dec 23, 2010 | Alibaba, China, Company, Country, Industry, Newsletters, Search & Aggregation | 0 |

“We are at the beginning of an Internet-driven revolution where small businesses around the world will be able to compete with larger companies for customers like never before. Micro-credit is the oxygen to make entrepreneurial dreams come alive. We are very pleased to join with Grameen Trust in this effort to create employment opportunities in these areas by helping tens of millions more small entrepreneurs create their businesses. We also welcome contribution from others and hope to build more partnerships in China.” Source: Statement of Jack Ma, founder and chairman of Alibaba Group in a recent press release

BIIA Newsletter October – 2009 Issue

About The Author

Joachim Bartels

Joachim C Bartels is a co-founder, managing director and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

The BIIA library is approaching 10,000 news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. The BIIA readership is widespread: between 4 to 5 thousand unique visitors access BIIA.com per month.