403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Alibaba offers help to young entrepreneurs
(MENAFN) Alibaba touched an arrangement with the China Communist Youth League, a CPC reserve force, to train one million teenagers to take e-commerce to rural areas.
Under the promising agreement, the e-commerce behemoth will aid the rural youth to jumpstart online businesses by contributing training, funds and partnerships.
In particular, Alibaba's internet finance arm Ant Financial will allocate a total of USD154mn to support college graduates who want to return to their hometowns to start businesses.
Online sales in rural areas grew at double the pace of urban areas, as rural customers, who account for nearly one-third of the total, spent USD29.9mn online last year.
Under the promising agreement, the e-commerce behemoth will aid the rural youth to jumpstart online businesses by contributing training, funds and partnerships.
In particular, Alibaba's internet finance arm Ant Financial will allocate a total of USD154mn to support college graduates who want to return to their hometowns to start businesses.
Online sales in rural areas grew at double the pace of urban areas, as rural customers, who account for nearly one-third of the total, spent USD29.9mn online last year.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment