SEOUL, March 14 — Alibaba Group plans to invest US$1.1 billion (RM5.1 billion) in South Korea over the next three years to build a logistics centre and expand businesses, South Korean news agency Yonhap reported on Thursday, citing a business strategy document of the company.
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.