Alibaba.com announces 50 small businesses receiving us$10,000 grants to catalyze entrepreneur economy

New york--(business wire)--alibaba.com, one of the world's largest b2b ecommerce marketplaces and a business unit of alibaba group (nyse: baba, hkex:9988), today announced the 50 entrepreneurs each receiving $10,000 grants from the first-ever alibaba.com grants program. a total of $500,000 in grant support will fuel new participants in the entrepreneur economy. recipients were selected from a pool of more than 12,000 applicants who submitted their product idea or go-to-market strategy for consi
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