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South Korean President Park Geun-hye shakes hands with Ma Yun, founder and chairman of Alibaba GroupHolding in Seoul, on Aug 8, 2014.[Photo/IC] |
SEOUL - South Korean President Park Geun-hye on Monday met with Ma Yun, founder and chairman of China's leading e-commerce company Alibaba Group Holding, agreeing to boost e-commerce cooperation between the two countries.
Ma told Xinhua that they have talked for about an hour, mainly on strengthening cooperation on e-commerce, films, games and medical industries. They also discussed helping Alibaba's Cainiao logistics (or China Smart Logistic Network), China's largest logistic network, enter South Korea's market.
Ma said Alibaba will launch all-around cooperation on e-commerce with South Korea. It was the fourth all-around cooperation between Alibaba and foreign government since it has signed agreements with governments of Britain, France and Italy.