Monday, January 12, 2015

Alibaba, South Korean City Of Incheon Mulling $912M Joint Investment In 'Alibaba Town'

http://www.ibtimes.com/alibaba-south-korean-city-incheon-mulling-912m-joint-investment-alibaba-town-1780238

The new area, dubbed “Alibaba Town,” is expected be 1 million square meters in size, and is expected to include a shopping mall, a hotel, facilities for cultural events, and a logistics center, South Korean daily Dong-A Ilbo reported, adding that both Alibaba and Incheon would invest equally in the project.

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