Alibaba techs can boost marketing of local firms: PM

Alibaba techs can boost marketing of local firms: PM
By P PREM KUMAR/FILE PIX
 
Hangzhou: Chinese tech giant Alibaba Group Holding Ltd’s technology could elevate the marketing abilities of Malaysian firms, says Prime Minister Tun Dr Mahathir Mohamad.
 
Dr Mahathir who visited Alibaba’s headquarters in Hangzhou this morning, said the firm’s advanced technologies would be beneficial to Malaysian businesses to expand its market globally.
 
The Prime Minister also told Alibaba’s top management that the Malaysian government is keen to implement the Chinese firm’s technology in the country.
 
“What you are doing is quite fantastic and Malaysia can benefit, especially in regards to the marketing of products,” Dr Mahathir said after a series of corporate presentation led by Alibaba chairman and billionaire Jack Ma.
 
He noted that Malaysian businesses have yet to cover the global market despite online ventures, as the right technologies are needed to push the products’sales.
 
“We have cases where the sales of products, of a bakery for example, is quite limited…then we went online which gave us a market of 90,000 consumers extending from Malaysia to the Middle East.
 
“But that is still limited because it is not covering the whole world and the delivery system and speed is not there.
 
“You (Alibaba) have worked out a delivery system, speed, the access to information and data and make full use the power made available from modern technology,” Dr Mahathir added.
 
Earlier, Ma received Dr Mahathir and wife Tun Dr Siti Hasmah Mohd Ali at Pavilion 9 of Alibaba’s headquarters at 9.35am.
 
Foreign Affairs Minister Datuk Saifuddin Abdullah and International Trade and Industry Minister Darell Leiking were present to accompany the PM.
 
During his corporate presentation, Ma told the Malaysian delegation that Alibaba is committed to work closely with the government to strengthen the digital infrastructure of the country and bolster local SMEs and young entrepreneurs’ capability in technology.
 
The tech giant offers to provide support and platforms to assist the businesses to drive exports, as well as offering extensive training programmes to help them to take advantage of digital innovations and trade opportunities.
 
Alibaba has commenced construction of a smart e-fulfilment hub in Kuala Lumpur Airport Free Trade Zone, in addition to a collaboration with Malaysia Digital Economy Corp in the Malaysia City Brain Initiative to create a smart city powered by artificial intelligence and big data.

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