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China’s Alibaba to build $1bn logistics and data centre in Türkiye

The group is billing the project as the country’s largest cloud facility as it seeks to replicate the investment across other geographies in Europe, the Middle East, and the Far East.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

January 09, 2023 | 2:29 AM GMT

China’s Alibaba to build $1bn logistics and data centre in Türkiye

Alibaba’s president Michael Evans. Source: Alibaba Group

Chinese e-commerce and public cloud market player Alibaba Group Holding Ltd. (NYSE: BABA) will deploy more than US$1 billion in the construction of a logistics unit and data centre in Türkiye.

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João Marques Lima

Founder and Editor, The Tech Capital

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