Alibaba to set up Europe logistics center in Bulgaria

January 11, 2017

Chinese e-commerce group Alibaba is planning to set up a European logistics center in Bulgaria, Xinhua reported on Wednesday.

Representatives of Alibaba Group, GS-Solar Company and GoldPoly Group met Bulgarian Prime Minister Boyko Borissov on Wednesday to explore investment opportunities in the country, the Chinese news agency reported, citing a government statement.

Solar module producer GS-Solar is also considering establishing a plant for the production of solar panels, the report added.

Alibaba was not immediately available for comment.

Fashion - Miscellaneous, Retail

Archives Alibaba

Google to invest $550 million in Chinese e-commerce giant JD.com

Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com.

Jun 18, 2018

Google to invest $550 million in Chinese e-commerce giant JD.com
Rakuten buys US click & collect specialist Curbside

Japanese e-commerce group Rakuten has bought Curbside, a click & collect specialist whose ‘Arrive’ service alerts stores in real-time as customers approach to collect their order.

Jun 12, 2018

Rakuten buys US click & collect specialist Curbside
Some fund managers are avoiding Amazon as it leads U.S. market

For most U.S. fund managers, beating the market this year has come down to one decision: whether or not to own shares of Amazon.com Inc .

Jun 7, 2018

Some fund managers are avoiding Amazon as it leads U.S. market
Carrefour sees China as testing ground for new retail methods

French retailer Carrefour, which opened its first high-tech store in Shanghai last month in partnership with tech giant Tencent, sees China as the ideal location to develop new methods for attracting shoppers.

Jun 4, 2018

Carrefour sees China as testing ground for new retail methods

More results