Alibaba takes joint venture route to Russia expansion

By on
Alibaba takes joint venture route to Russia expansion

Client base of more than 100 million people.

China's largest e-commerce firm, Alibaba Group Holding Ltd has joined forces with a state fund and two technology firms in Russia, hoping that access to their client base of more than 100 million people will boost its development. Alibaba will own 48 percent of AliExpress Russia as a result of a ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
alibaba aliexpress finance jack ma

Most Read Articles

Microsoft admits it couldn't afford its own cloud

Microsoft admits it couldn't afford its own cloud
CBA discloses app's open source components

CBA discloses app's open source components
NSW using AWS to predict public transport delays

NSW using AWS to predict public transport delays
Yes, it's real: "The first Australian Public Service F@#kup Night!"

Yes, it's real: "The first Australian Public Service F@#kup Night!"
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Why you should reassess your cybersecurity posture
Why you should reassess your cybersecurity posture
How will you manage the cloud data deluge?
How will you manage the cloud data deluge?
Follow these steps to prevent targeted attacks
Follow these steps to prevent targeted attacks
Your mobile devices may not be secure – learn how to fix that
Your mobile devices may not be secure – learn how to fix that
Don’t risk your business – learn how to protect your cloud assets
Don’t risk your business – learn how to protect your cloud assets

Events

Log In

Username / Email:
Password:
  |  Forgot your password?