Chinese e-commerce giant Alibaba wants to build a logistics hub at Istanbul Airport in Turkey. Besides, the company is planning to set up a data center near Ankara, the capital of the country. For this purpose, Alibaba will invest more than 1 billion dollars in the country. News Reuters.
Alibaba’s president Michael Evans told the Turkish newspaper Daily Sabah in an interview, “We are looking for investment opportunities in Europe and the Middle East.” In this regard, Turkey is in a very strong position.
Alibaba has an investment in Trendiol, Turkey’s most popular e-commerce platform. The Chinese giant is planning new investments based on this platform.