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Alibaba honcho Jack Ma meets Narendra Modi

Looking to expand its presence in India, Chinese ecommerce giant Alibaba’s Chairman Jack Ma on Monday met Prime Minister Narendra Modi.

In his meeting with Modi, Ma discussed how Alibaba can help empower small businesses in India, the ecommerce major said without elaborating further. “Had a very good meeting with Jack Ma,” Modi tweeted. “Jack meets Indian Prime Minister Narendra Modi to discuss how Alibaba can help empower small businesses in India,” Alibaba Group separately tweeted.

During his last India visit in November 2014, Ma could not meet Modi. One of Alibaba’s key strategies over the next three years is to globalise so that the firm can help more small businesses around the globe. Ma, the richest man in China with a fortune of about $24.4 billion, founded Alibaba in 1999 in Hangzhou, the capital of east China’s Zhejiang Province.
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