86 Chinese e-commerce giant Alibaba has announced plans to invest 1 billion dollars in Turkey. The investment is expected to focus on the technology and retail sectors and will be carried out through Alibaba’s local partners in the country. The move is seen as a vote of confidence in Turkey’s economy and its potential for growth. It is also a sign of Alibaba’s growing interest in expanding its presence in the European market. The company has not yet commented on the report. You Might Be Interested In AWS sail to victory with Navy contract New India leadership team unveiled by US-India Business Council Developing an AI-Powered Culture to Embrace Artificial Intelligence Fuiou Pay and Visa Join Forces to Empower Chinese SME Exporters with Global Payment Solutions Maybank IB partners with Broadridge to co-create securities borrowing and lending technology DBS Singapore Vows Swift Action After Digital Disruptions, Unveils Resilience Plan
