Alibaba, JD.com eyeing 11st Malaysia investments

Corporate October 18, 2017 12:28

By THE INVESTOR
ASIA NEWS NETWORK

China’s top e-commerce firms, Alibaba and JD.com, are considering investing in the Malaysian subsidiary of South Korean online marketplace 11st.



Citing industry sources, the Korea Economic Daily reported on Tuesday (October 17) that the two companies are weighing their options to see whether the investment would help them further expand in Asia.

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