Company founder and chief Jack Ma says he hoped global enterprises, including rival Amazon, would work together to create the new platform to connect smaller enterprises around the world.
President-elect Donald Trump said he had a "great meeting" with Alibaba executive chairman Jack Ma when they discussed 1 million new U.S. jobs.
Ma said that Alibaba's expansion would focus on products like garments, wine and fruits, with a special focus on trade between the American Midwest and southeastern Asia.
"We're focused on small business," Ma told reporters. "We specifically talked about ... supporting 1 million small businesses, especially in the Midwest of America. Small businesses on the platform selling products—agriculture products and America services—to China and Asia, because we're pretty big in Asia."
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