President Park discusses cooperation in e-commerce with Alibaba CEOUpdated: 2014-08-19 06:47:52 (KST)
President Park Geun-hye has asked the executive chairman of Chinese e-commerce giant Alibaba to help Korea's small- and mid-sized enterprises expand into the Chinese online market.
The president made the request Monday to Jack Ma during his third visit to Korea in the past four months.
Ma said he's making the frequent trips to boost cooperation.
He also met with Finance Minister Choi Kyung-hwan and the two agreed that the increased demand of Korean products in China presents an opportunity for both Korean companies and Alibaba.
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