Recent reports about Alibabas US$3 billion investment into Grab has
raised speculation about the terms of the investment as well as the
merits and the challenges of this potential major tie-up.To get more
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The Alibaba Group has long desired to become a global brand.
Speaking at the World Economic Forum in Davos in 2015, Jack Ma made
publicly known that the Groups goal is to serve two billion consumers,
and detailed its intentions of becoming a global company to achieve that
aim.
Armed with technology, experience and capital as well as a strong
track-record, Alibaba, Ant - previously known as Ant Financial - and
other affiliate companies have made multiple attempts to build up their
presence in markets, including Southeast Asia and India.
