Hosted on MSN12d
Alibaba invests $71M in e-commerce platform Ably in bid to expand in Korea
Alibaba Group has invested 100 billion won in Ably Corporation, the Korean e-commerce firm behind fashion platforms Ably and ...
Alibaba Makes First-Ever Investment of $71M in South Korea's Ably, Secures 5% Stake
Alibaba Group ( BABA, Financial) has invested in equity in a South Korean shopping platform by acquiring a 5% stake in ...
kedglobal12d
China’s Alibaba acquires 5% of Ably in 1st equity investment in Korean firm
Chinese online shopping giant Alibaba Group Holding Ltd. has invested 100 billion won ($71.4 million) in South Korea’s top ...