Alibaba is targeting Turkey for expansion because of its strong production capacity that could back e-commerce and become part of the company’s supply chain in Europe and the Middle East, Evans said. Expanding commerce and cloud—based units are expected to lift the company’s revenue.
Evans, a former Goldman Sachs Group Inc. executive, urged Turkey to improve its e-commerce regulations to address “certain shortcomings” to have fair competition, Sabah reported without elaborating.
Along with a logistics hub at Istanbul’s airport, the biggest in the country, the Chinese e-commerce giant plans to build Turkey’s biggest data center in Temelli, near the capital of Ankara, Sabah cited Evans as saying.
