Ukraine should improve the logistics infrastructure, covering the Internet and electronic payments for e-Commerce development, says the founder of Alibaba Group Jack MA.

“Three things that Ukraine should develop Internet infrastructure, logistics, and electronic payments. And besides entrepreneurship. If these four components are ready, Ukraine will have huge potential in the Internet,” said MA during the Kiev international economic forum in Kyiv on Friday.

MA noted that he was disappointed to learn that the delivery of goods from China takes four to seven days.

“The figures of the last century. They need to be better,” he said.