Jack Ma (C), founder and executive chairman of Alibaba Group, attends a news conference held in Seoul, capital of South Korea, on May 19, 2015. South Korea's finance ministry said Alibaba wants to make South Korea one of its global logistics hubs and it is seeking a partner for this endeavour. Alibaba Group is also working with Korea International Trade Association to initiate a youth internship program that will enable 100 Korean college graduates to work as intern at Alibaba Group's headquarters in Hangzhou. (Xinhua/Seongbin Kang)