Alibaba Establishes Company to Supply Small Business Loans to Online Merchants

By Beijing Business Daily
Published: 2010-06-09

Alibaba Group, China's largest online business platform, along with the Fuxing, Yintai and Wangxiang Groups, has founded a company in Hangzhou that will supply small business loans to online merchants. The loans will be capped at 500,000 yuan.

 

Source


Beijing Business Daily


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