Alibaba is now the second largest stakeholder in SingPost
Alibaba Group Holding is the Chinese e-commerce giant which has captivated the information technology sector of China. In a short span of time, the company has grown itself immensely and it is now valued at a massive $216 billion in the market. Alibaba is the largest B2B business as well of the world however the only negative thing about the company is that its international market presence is negligible. A company of that size should penetrate in the international markets and create a healthy revenue stream for it but this is not the case with the Chinese online retailer.
Despite of trying a lot to penetrate in the United States as well as other markets internationally, it somehow never leaves expanding in Asia. According to Forbes, relating latest Alibaba news, AlibabaGroup has made a new investment in SingPost in order…
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