15 Mar Alibaba to invest US$1.1 billion in South Korea as international operations outperform domestic market
Posted at 14:00h
in Asia
E-commerce giant Alibaba Group Holding plans to invest US$1.1 billion in South Korea over the next three years, according to a local media report, amid a probe by regulators into its consumer protection and data practices.Alibaba will spend US$200 million this year to build a...