“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