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Alibaba said to invest in women’s clothing app operator Ably to tap into South Korea’s booming online fashion market
AliExpress, the international online retail platform of Alibaba, has been in talks to invest US$72.4 million to acquire a 5 per cent stake in Ably Corp, operator of South Korea's top women's ...
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Alibaba expands in S. Korea with $71.4 m e-commerce investment
Earlier, Alibaba revealed plans to invest 1.5 trillion won in South Korea over the next three years. Able Corporation, which operates the fashion platform Ably, on Dec. 2 said that it secured a ...