Alibaba founder Jack Ma Yun(fifth from left) is shown attending the opening ceremony of MYbank in Hangzhou, Zhejiang Province last June 25. MYbank had a registered capital of 4 billion yuan (US$655 million) and was created to focus on providing financial services for small- and micro -businesses, as well as online consumers. Photo: Xinhua

China’s Alibaba partners with banks, agencies to introduce B2B financing and rating services

Alibaba and trade show giant UBM also plan to pilot a new online platform connecting suppliers and buyers at five Asia-based conventions in Hong Kong, Kuala Lumpur and Shanghai

Topic |   Alibaba

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Alibaba founder Jack Ma Yun(fifth from left) is shown attending the opening ceremony of MYbank in Hangzhou, Zhejiang Province last June 25. MYbank had a registered capital of 4 billion yuan (US$655 million) and was created to focus on providing financial services for small- and micro -businesses, as well as online consumers. Photo: Xinhua
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