Hangzhou, 25th February: Pacific Epoch reports that the Alibaba Group has launched a plan to support e-commerce research in China. The company will offer funding and other forms of support to scholars under 35 years old who are researching the e-commerce field.

This Alibaba program will be called “Huo Shui” or “Running Water” and it will target professional researchers working at academic institutions, government bodies and in the private sector. Pacific Epoch reports that the Alibaba Group has asked scholars from China’s top universities such as Zhejiang University and Fudan University to act as advisors and consultants to the initiative.   Source: Pacific Epoch article

BIIA Newsletter March 2009 Issue