ANKARA, Turkey: During a meeting, Michael Evans, President of the Alibaba Group, told Turkish President Tayyip Erdogan that the Chinese e-commerce giant plans to invest US$2 billion in Turkey.
However, Evans did not specify when the investment would be made.
Alibaba has already invested $1.4 billion in Turkey through its unit Trendyol, one of Turkey's best known e-commerce platforms, Evans said.
Trendyol, whose president, Caglayan Cetin also met with Erdogan, said Evans shared details about new investments, such as a data centre and a logistics centre in Ankara and an export operation centre at Istanbul Airport.
Erdogan is in the U.S. to attend the 78th session of the United Nations General Assembly.