China's Alibaba casts net towards small Kiwi firmsVCG Jack Ma, Alibaba Group's founder, who became China's richest man when the group listed in the US in 2014. In China's biggest cities, e-commerce giant Alibaba's payment business Alipay is used more frequently than cash. Alibaba leads the hugely popular Singles Day online shopping promotion in China every November. READ MORE: Rise in Kiwi businesses using Alibaba as an 'open sesame' to China"We see this country as clean, green and organic," she said. A Kiwi connection for Alibaba is its new Australia-New Zealand business development manager, John O'Loghlen, a New Zealander and former NZTE Beacheads adviser to China.

Source: Stuff August 28, 2016 22:36 UTC