In brief: Jack Ma to open school for tech entrepreneurs in Indonesia

Jack Ma, executive chairman of China’s Alibaba Group Holding, said on Saturday he plans to open an institute to train thousands of tech entrepreneurs in Indonesia, where he is already an adviser to the government on ecommerce.

Ma did not say when the Jack Ma Institute of Entrepreneurs would launch, but said the aim was to train 1,000 tech leaders a year over the next 10 years.

Source: Reuters

Alibaba is increasingly focused on Indonesia, the largest market in Southeast Asia. Its cloud computing arm opened a data center in the country, and it has invested in popular ecommerce site Tokopedia.