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Jack Ma to launch Alibaba's regional distribution hub in Malaysia: Sources

The hub will be set up with the help of Malaysian state-linked agencies

Reuters  |  Kuala Lumpur 

Chinese e-commerce giant Alibaba Group Holding Limited plans to set up a regional distribution hub in Malaysia to cater to its fast-growing business in the region, two sources aware of the discussions said. The hub would be sited within KLIA Aeropolis, a 24,700-acre development led by airport operator Malaysia Airports Holdings Bhd (MAHB) that is expected to generate more than Seven billion ringgit ($1.58 billion) worth of domestic and foreign investments. Alibaba executive chairman Jack Ma and Malaysian Prime Minister Najib Razak are expected to announce the plans at an event in ...

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First Published: Sun, March 19 2017. 00:50 IST