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Alibaba's Ma, Visiting New York, Says Not In America To Compete


Ron Burgundy
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Jack Ma, Founder and Executive Chairman of Alibaba Group addresses the Economic Club of New YorkChinese e-commerce titan Alibaba Group Holding Ltd does not want to fight for U.S. market share but instead hopes to help small U.S. businesses sell more goods in China, Executive Chairman Jack Ma said. Ma is visiting the United States this week to explain Alibaba's global strategy and to "help dispel misconceptions" about the company, spokesman Greg Jenkins said in an email. "We're not coming here to compete," Ma told the Economic Club of New York on Tuesday.




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