Alibaba signs agreement with Belgium for e-commerce trade hub

The project is part of Alibaba’s Electronic World Trade Platform

Reuters December 05, 2018
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alibaba is launching a project that will create a smarter photo reuters
Alibaba is launching a project that will create a “smarter” PHOTO: REUTERS
BEIJING: Alibaba said on Wednesday it has signed an agreement with the Belgium government to launch an e-commerce trade hub, which will include investments in logistics infrastructure.

Alibaba’s Jack Ma to step down in 2019, pledges smooth transition

The project is part of Alibaba’s Electronic World Trade Platform and the company has made similar agreements in Southeast Asia and Africa.

Alibaba’s Jack Ma says US-China trade friction could last 20 years

Alibaba’s logistics arm, Cainiao, will lease a 220,000 square meter logistics hub at Belgium’s Liege airport as part of the deal and invest an initial 75 million euros [$85.04 million] in the project.
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