NEW DELHI: E-commerce giant Alibaba’s founder Jack Ma promised to invest more in India where online sales are soaring, predicting that the Internet will transform the country’s future.
Ma, on a whirlwind 48-hour trip with a nearly 100-member Chinese business delegation to India, has been scouting for investment opportunities to drive Alibaba’s revenues following its record US$25bil (RM83.65bil) initial public offer in September.
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