A recent article in The Wall Street Journal reported that the online education provider Alibaba has secured the rights to build a school to help its students prepare for the lucrative jobs of online MBA students.
The school would help build its online MBA program and attract more prospective students to the program, according to the article.
Alibaba’s online MBA programs have been growing rapidly, with more than $10 billion in online MBA enrollment last year.
According to the WSJ, the program would be one of several online MBA schools on Alibaba and would be based in Beijing.
The company, which offers a wide range of educational products and services to companies, is also the parent company of Tencent Holdings, the parent of Alibaba.
A spokesperson for the company told CNBC that the company “has no plans to expand its online offerings.”
