Alibaba setting its sight on European countries to establish more hubs
Chinese company Alibaba, one of the three largest e-commerce companies in the country, is setting its sights on European countries to establish new hubs. The Serbian State Secretary of the Ministry for Trade confirmed that Alibaba is considering opening a ‘logistics centre’ in Serbia. Croatian media also reported that Alibaba is considering opening a distribution centre in Zadar, while the Bulgarian government said Alibaba Group plans to invest in a centre in Bulgaria. In November 2016, Alibaba Cloud – the cloud computing branch of Alibaba – opened its first data centre in Frankfurt, co-locating its centre within Vodafone Germany’s data centre facilities.