There’s good news for small start-up businesses as the Alibaba Group is in the country to help Fijians place their products on the Alibaba.com platform.
Speaking to FijiLive, Deputy Prime Minister and Minister for Trade Manoa Kamikamica said this is an advantage for small businesses to market or sell their products to the international market.
The Deputy Prime Minister said this is also an opportunity for the Amalgamated Telecommunication Holdings Limited (ATH) to invest more into submarine cables, an opportunity also for the Fiji National Provident Fund.
He said Government is also trying to get local investors to invest into the sub cables in order to maximize investment opportunities and revenue streams.
“This is again another stream of income for the country, maximizing Fiji’s reach to other parts of the world through the use of Alibaba Group’s platform.”
Founded in 1999, Alibaba Group is one of the world’s leading online wholesale marketplaces.
Alibaba Group refers to the parent company of Alibaba.com. Headquartered in Hangzhou, China, it’s comprised of many well-known companies, such as Taobao, Tmall, Alipay, AliExpress, and of course, Alibaba.com. With these businesses and more under the Alibaba Group umbrella, the company is among the world’s largest e-commerce giants.