Alibaba Plans to Invest $2 Billion In Turkey
Sign up for free
Listen to this episode and many more. Enjoy the best podcasts on Spreaker!
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
Chinese e-commerce giant Alibaba Group Holding Ltd has told Turkish President Tayyip Erdogan it plans to invest $2 billion in Turkey. Michael Evans, president of Alibaba, made the comments in...
show moreMichael Evans, president of Alibaba, made the comments in a meeting with Erdogan, according to a statement from the company's Turkish unit. It did not specify when the investment would be made.
Evans says Alibaba has invested $1.4 billion in Turkey through its unit Trendyol, one of Turkey's best-known e-commerce platforms.
Evans shared details about new investments such as a data centre and a logistics centre in Ankara and an export operation centre at Istanbul Airport.
Information
Author | Africa Business Radio |
Website | - |
Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company