Alibaba to Establish Europe Hub in Bulgaria

Alibaba Group
Alibaba Group (photo: Wired)
By Mei ManuelJanuary 11th, 2017

On Wednesday, Xinhua reported that Chinese e-commerce platform group Alibaba is currently planning to set up a European logistics hub in Bulgaria.

According to the report which cited a government statement released by the Bulgarian government, representatives from Alibaba, GS-Solar Company and GoldPoly Group had spoken with Bulgarian Prime Minister Boyko Borissov regarding the business opportunities in the country.

As of press time, Alibaba has yet to reveal details regarding these discussions.

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