Alibaba Job Boom: Jack Ma Chats with Trump about How to Create 1 Million U.S. Jobs

Like Etsy or eBay, Alibaba enables third-party sellers in China to take their own businesses to the web.

CNBC
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.
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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