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Feb 14, 2024 06:51 PM

Alibaba Seeks Middle East Partners as Beijing Deepens Gulf Ties

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J. Michael Evans, president of Alibaba Group Holding Ltd., at the Viva Tech fair in Paris, France, on June 15, 2023. Photo: Bloomberg
J. Michael Evans, president of Alibaba Group Holding Ltd., at the Viva Tech fair in Paris, France, on June 15, 2023. Photo: Bloomberg

(Bloomberg) — Chinese e-commerce giant Alibaba Group Holding Ltd. has sought to partner with local firms in Saudi Arabia and the United Arab Emirates as China deepens its ties with the Gulf.

“One of the things we’ve chosen to do, which is a little unusual for a Chinese company, is we partner,” Alibaba’s president, Michael Evans, said on a panel in Dubai’s World Government Summit, responding to how his firm navigates industrial policy initiatives.

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