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Article: ALIBABA GROUP TO SPEND USD 100MN BUILDING WESTERN BASE

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AsiaInfo Services
Article date:
June 30, 2009
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AsiaInfo Services
06-30-2009
Alibaba Group to Spend USD 100mn Building Western Base

CHENGDU, Jun 30, 2009 (SinoCast Daily Business Beat via COMTEX) -- Chinese e-commerce heavyweight Alibaba Group will invest USD 100 million to build its western base in Chengdu, Sichuan Province.

The base, which will cover all businesses of Alibaba Group's subsidiaries, will have research, development, call, background operation maintenance, disaster back, and training functions.

Alibaba Group reached such an important strategic cooperation agreement with the city within three months. The local government will offer high-quality services to Alibaba Group in an attempt to support the latter to expand ...

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