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Alibaba expands in S. Korea with $71.4 m e-commerce investmentAnalysts suggest that the company is now taking steps to dominate the K-fashion market. Earlier, Alibaba revealed plans to invest 1.5 trillion won in South Korea over the next three years.
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Alibaba said to invest in women’s clothing app operator Ably to tap into South Korea’s booming online fashion marketAbly has said in local reports that it was the only fashion e-commerce platform to be profitable last year. News of the AliExpress-Ably talks come weeks after Alibaba was said to be planning ...
China’s fashion and textile sector is facing challenges from an increase in trade disputes with emerging markets.
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