" Jack Ma and Trump met with reporters briefly after the meeting and said they discussed plans to create 1 million US jobs by allowing small and medium-size businesses to sell to China through the company's platforms.
"$BABA wants to create US jobs by helping US small businesses and farmers sell to China's 300 million-strong middle class," a tweet from Alibaba said."
"The meeting comes just a few weeks after Trump met with another Asian technology powerhouse, CEO Masayoshi Son of SoftBank. At that meeting, Trump took credit for a previously announced investment by a fund run by Son and said the fund would help to create 50,000 jobs.
Alibaba stock rallied on news of the meeting, and it was up just over 1.26% as of 12:20 p.m. ET. It had been trading in the red up until the announcement."
This is awesome, and have talked with some small business owners that under Trump, they can hire more people as they are dereguating all the red tape currently in place. This is a win for small businesses everywhere. |