Chinese e-commerce group Alibaba plans to open a logistics center in Bulgaria, say representatives of the authorities, quoted by Xinhua news agency. Alibaba is famous for huge shopping day of Singles' Day and is controversial for the huge volume of counterfeit goods which are sold through its platforms.
Representatives of companies Alibaba Group, GS-Solar Group Company and GoldPoly met with Bulgarian Prime Minister Boyko Borisov Wednesday to discuss investment opportunities.
Alibaba owns the largest trading platforms in Asia and wants to expand globally, wanting to become a force in Europe. If they open a center in Bulgaria, supplies and food from this region will reach international markets.
The head of Alibaba, Jack Ma, met recently with Donald Trump and promised to help create one million new jobs in the US by bringing a large number of small companies on its platform for shopping, companies that create jobs work from the sale of American products to China and Southeast Asia through Alibaba.
