News Snapshot:
Tweet Alibaba was commended by Chinese President Xi Jinping and the state media for its efforts to alleviate poverty and assist farmers with eCommerce, CNN reported on Friday (Feb. 26). Xi complimented Alibaba and many other companies at an event to boost his campaign to put an end to destitution in the country. Alibaba “is privileged to have participated in [the anti-poverty campaign],” the company said on a social media Weibo post, per CNN. The company also was commended for helping farmers via its eCommerce network, Chinese state media said. With Alibaba’s assistance, farmers were able to see about $155...
