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BUSINESS & TECH

Alibaba Looks for Magic in Global R&D Network

By Yang Ge
The centers, which will focus on disruptive technologies, are the latest step in Alibaba's plans for global expansion. Founder Jack Ma (pictured) told then-incoming President Donald Trump earlier this year that the e-commerce firm plans to create a million U.S. job opportunities by promoting American brands in its online malls. Photo: Visual China
The centers, which will focus on disruptive technologies, are the latest step in Alibaba's plans for global expansion. Founder Jack Ma (pictured) told then-incoming President Donald Trump earlier this year that the e-commerce firm plans to create a million U.S. job opportunities by promoting American brands in its online malls. Photo: Visual China

E-commerce giant Alibaba said on Wednesday it will invest more than $15 billion to open a global network of research and develop (R&D) centers in an effort to boost collaboration as it seeks to expand beyond China.

The project will initially see Alibaba Group Holding Ltd. build seven R&D centers, two in its home China market, two on the U.S. West Coast, and single labs in Russia, Israel and Singapore, the company said in its announcement of the project, called the Alibaba Academy for Discovery, Adventure, Momentum and Outlook.

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