Alibaba invests in European platform Visable
Alibaba Group’s global business-to-business (B2B) marketplace has invested in European counterpart Visable GmbH, as the e-commerce titan seeks further growth in a region with strong demand for quality goods, reports Caixin. After the investment, Visable will continue to operate independently, with its existing brand, management and organizational structure unchanged, the company said in a press…
Source: chinaeconomicreview.com