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PTVPhilippines
  • 9/18/2023
Alibaba eyes to invest $2B in Turkiye
Transcript
00:00 A prominent Chinese e-commerce conglomerate, Alibaba Group Holding Limited, has informed
00:06 Turkish President Tayyip Erdogan of its $2 billion investment in Turkey.
00:12 According to Alibaba's Turkish unit, Michael Evans, the president, made the remarks at
00:17 a meeting with Erdogan.
00:19 However, no investment time was provided.
00:23 According to Evans, Alibaba has invested $1.4 billion in Turkey through its subsidiary
00:29 Trendyol, a leading e-commerce platform.
00:33 Turkish President Erdogan is in the United States for the 78th UN General Assembly session.

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