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Alibaba Business School Hosts First-Ever Asian Reunion in Malaysia for eFounders Fellowship and Alibaba Netpreneur Training Programs Graduates

Over 100 eFounders and Netpreneurs from Asia attended the event and shared their experience with over 200 entrepreneurs and participants in Malaysia

Kuala Lumpur, June 19, 2019 (GLOBE NEWSWIRE) -- Alibaba Business School today hosted its first-ever Asian reunion for eFounders Fellowship and Alibaba Netpreneur Training Programs Graduates in Kuala Lumpur, Malaysia. Over 200 entrepreneurs and participants from Southeast Asia participated in this event to learn and network with up-and-coming entrepreneurs around the region and celebrate their success stories.

As a core aspect of the group’s mission of making it easy to do business anywhere, Alibaba Group throughout the years has rolled out several education-related initiatives under the Alibaba Business School. These initiatives aim to empower entrepreneurs from emerging markets to leverage the power of digital economy to create economic development.

Until now, Alibaba Business School, either on its own or in partnership with other institutions like UNCTAD (United Nations Conference on Trade and Development), have trained over 350 entrepreneurs across Asia, out of which 114 are from Malaysia. These include participants from Alibaba Netpreneur Training and eFounders Fellowship Programs.

Brian Wong, Vice President of Alibaba Group, said, “Inspired from the program, we are already seeing positive outcomes these digital champions are creating in their own way to give back to their community and help build local digital economy.”

“Through our initiatives, our aim is to inspire entrepreneurs to create inclusive and sustainable digital ecosystems in their home countries and encourage collaborations across the region, while sharing the ecosystem’s benefits of bringing small businesses, entrepreneurs and other previously disadvantaged groups into the mainstream economy,” he further added.

The reunion session provided entrepreneurs across the regions with a platform to connect with each other, share their stories, learning and insights and tap into the Venture Capitals and partner communities that are supportive of the eFounders Fellowship program. eFounders and Netpreneurs also participated in this program with an aim to inspire other entrepreneurs to survive and thrive successfully, thereby making a greater contribution to the start-up community in their respective markets.

Alibaba Business School is committed to helping bridge digital divide and empower entrepreneurs from across Malaysia and other Southeast Asia countries by sharing China and Alibaba’s experience in building a digital economy. The training programs and reunion events are demonstration of Alibaba’s ongoing commitment to the Southeast Asian region.

Francesca Chia, CEO and Co-founder of GoGet (a Malaysian start-up), said, “Being a part of the eFounders Fellowship community has impacted GoGet's journey in so many ways. What I love about the program is the fact that I’m surrounded by a supportive and honest network of founders who are there to give me feedback and cheer me on at the same time. GoGet's larger vision and strategy have been influenced by the learnings from the eFounders program. We've increased our collaborations across players in the industry, and we’re driving to a truly open platform for on-demand work. We've also built an ecosystem for our GoGetters on the platform to be able to not only earn from GoGet jobs, but also get access to on-demand insurance, micro savings, and, in future, borrowing and integrations with e-wallets.”

Nadhir Ashafiq, Co-founder and Executive Director of The Lorry (a Malaysian start-up), said, “The Alibaba-UNCTAD eFounders program has exposed me to the digital revolution in China and Alibaba’s business ecosystem as a whole. An outside-in perspective is definitely different from actually being exposed to the inner workings of an organisation. I’m grateful for the opportunity to participate in this and I have already started implementing the learnings since I joined the program. A key benefit of the program is the access to the network of founders from all across Asia and the friendship you build with them during the course. This itself is a very valuable aspect and helped me tap into best practices from other entrepreneurs to build a better organisation.”


About eFounders Fellowship Program
A joint initiative by the United Nations Conference on Trade and Development (UNCTAD) and Alibaba Business School. The aim of the Fellowship is to empower ecosystem-building entrepreneurs from developing countries to create inclusive and sustainable digital economic development in their respective markets.

About Alibaba Netpreneur Training Program in Malaysia
The first and a joint initiative by Alibaba Business School, Malaysian Digital Economy Corporation (MDEC), Malaysia External Trade Development Corporation (MATRADE), and SME Corporation Malaysia (SME Corp. Malaysia). The training program is designed to demonstrate the potential of the digital economy and share the learnings from Alibaba and its ecosystem partners who have recently gone through the digital transformation.

About Alibaba Group
Alibaba Group's mission is to make it easy to do business anywhere and the company aims to achieve sustainable growth for 102 years.

Attachments

Gabbie Fu
Alibaba Group
+86 15601804303
funi.fn@alibaba-inc.com