KUALA LUMPUR • Chinese e-commerce giant Alibaba Group Holding Limited plans to set up a regional distribution hub in Malaysia to cater to its fast-growing business in the region, two sources aware of the discussions said.
The hub would be located within KLIA Aeropolis, a 10,000ha development led by airport operator Malaysia Airports Holdings that is expected to generate more than RM7 billion (S$2.2 billion) worth of domestic and foreign investments.