Share

Alibaba announces $1.5 billion investment in online shopping in China’s rural areas

China’s e-commerce giant Alibaba has announced investments worth 10 billion yuan, or 1.5 billion US dollars, over the next three years, to set up its services in China’s rural areas. It is the first, and so far, only online retailer in China to set up a sales and purchasing platform for rural residents. Some say this is likely to help alleviate rural poverty. 

Subscribe to us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing

Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8

Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv

Follow us on:
Facebook: https://www.facebook.com/cctvnewschina
Twitter: https://twitter.com/CCTVNEWS
Google+: https://plus.google.com/+CCTVNEWSbeijing
Tumblr: http://cctvnews.tumblr.com/
Weibo: http://weibo.com/cctvnewsbeijing

Leave a Comment