
Digitalizing SMEs and industrial value chains to unlock growth for the new decade
Global digital productivity gains have not kept up with overall economic growth, partly due to the gaps in digitalization between large and smaller enterprises.
Alibaba Group's mission is to make it easy to do business anywhere. The company is one of the largest online and mobile commerce companies in the world in terms of gross merchandise volume. Founded in 1999, the company provides the fundamental technology infrastructure and marketing reach to help businesses leverage the power of the internet to establish an online presence and conduct commerce with hundreds of millions of consumers and other businesses.
Global digital productivity gains have not kept up with overall economic growth, partly due to the gaps in digitalization between large and smaller enterprises.
A strong and sustained global recovery is only possible if small businesses can adapt to the post-COVID era. In this, digital technology is key.