Alibaba aims to expand local business in Europe, president says

📆 6/15/2023 1:55 PM
📰 ChannelNewsAsia

⏱ Reading Time:
12 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

PARIS :Alibaba Group will make Europe top priority as it focuses on building local businesses and online platforms outside China, the president of the e-commerce giant said on Thursday.'What we will focus more for the future is to build local businesses, so you will see something called TMall which we have i

PARIS :Alibaba Group will make Europe top priority as it focuses on building local businesses and online platforms outside China, the president of the e-commerce giant said on Thursday.

Its e-commerce business is to be split, with one side covering Alibaba's domestic-facing e-commerce marketplaces and the other its overseas e-commerce marketplaces such as Lazada, which serves Southeast Asia, and AliExpress.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Alibaba president says group will expand local business in EuropePARIS :Alibaba will focus on building local businesses outside China, with Europe being the top priority, the group's president said on Thursday.'What we will focus more for the future is to build local businesses, so you will see something called TMall which we have in China become TMall in Europe, which m
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »