Alibaba tells Erdogan it plans to invest $2 billion in Turkey
Michael Evans, president of Alibaba Group Holding, said Alibaba had already invested $1.4 billion in Turkey through its unit Trendyol, one of Turkey's best-known ecommerce platforms
By Reuters | Updated:
Agencies
Chinese ecommerce giant Alibaba Group Holding Ltd has plans to invest $2 billion in Turkey in the coming period, its president Michael Evans said at a meeting with Turkish President Tayyip Erdogan, the company's Turkish unit said on Monday.
Evans said Alibaba had already invested $1.4 billion in Turkey through its unit Trendyol, one of Turkey's best-known ecommerce platforms, Trendyol said in the statement.
Evans said Alibaba had already invested $1.4 billion in Turkey through its unit Trendyol, one of Turkey's best-known ecommerce platforms, Trendyol said in the statement.
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