Alibaba Denies News of Moving Headquarters to Singapore

Alibaba worked with Singaporean partners to create and develop a building there in 2019, and the project is simply designed as offices for some of its Southeast Asian businesses, according to an official at the company.

BEIJING, January 27  (TMTPOST)— Alibaba insists its origin and base always to be China amid global expansion in response to news about its relocation of headquarters.

 Image of Lazada One regional headquarters from Alibaba

Alibaba was recently said to invest RMB8.4 billin (US$1.2 billion) in Singapore to build an office tower for its new global headquarters. With the scheduled height of 305 meters, the headquarters building is set to be the highest iconic skyscraper in Singapore and expected to complete construction in 2028, according to the news circulated online without confirmed sources.  

Recent news about headquarters in Singapore is “untrue and misunderstanding”, an official at Alibaba Group told Chinese media outlets including QianJiang Evening News, a newspaper backed by the provincial government of Zhejiang, on Friday. Since Alibaba was born in and developed in Hangzhou, the capital of Zhejiang, the eastern, coastal province of China, it is natural and inevitable that Alibaba's global headquarters should always be located in Hangzhou, the official stressed. With China as the root, Alibaba hopes to expand globally, actively promote its own globalization, and become a Chinese company founded by Chinese people with competitiveness in the global playing field, the person added.

The official clarified that Alibaba worked with Singaporean partners to create and develop a building there in 2019, and the project is simply designed as offices for some of the company’s Southeast Asian businesses including Lazada, its flagship e-commerce platform in the region.

Through ten-year working, construction of Alibaba’s global headquarters located at Xixi campus in Yu Hang District, Hangzhou, has entered the final stage and is projected to be completed and available for use by the end of 2023, Qianjiang Evening News also learned on Friday.

Earlier this month, Alibaba reached a strategic agreement with Hangzhou municipal government to deepen cooperation, which was deemed as support for the platform economy's growth in a healthy, regulated way by the state media Zhejiang Daily.

Alibaba officially opened Lazada One, its regional headquarters and Singapore office, in last April. Spanning 109,000 square feet, Lazada One is located near higher institutions of learning in the central Bras Basah district. Establishing the office building in Singapore, the gateway to Southeast Asia, “reinforces our commitment to support the growth of the digital commerce industry,” Lazada’s CEO Chun Li commented that month.

本文系作者 Li_Dan 授权钛媒体发表,并经钛媒体编辑,转载请注明出处、作者和本文链接。
本内容来源于钛媒体钛度号,文章内容仅供参考、交流、学习,不构成投资建议。
想和千万钛媒体用户分享你的新奇观点和发现,点击这里投稿 。创业或融资寻求报道,点击这里。

敬原创,有钛度,得赞赏

赞赏支持
发表评论
0 / 300

根据《网络安全法》实名制要求,请绑定手机号后发表评论

请 登录后输入评论内容

快报

更多

19:16

科恒股份:控股子公司买卖合同纠纷案二审维持原判

19:16

北大医药:持股5%以上股东将被动减持不超3%股份

19:15

太极股份:数据业务暂无与国家数据集团具体合作

19:15

*ST实达:公司及子公司涉6874.55万元诉讼,尚未开庭

19:15

深桑达A:子公司转让工大科雅10.54%股份完成过户

19:14

英伟达盘前涨幅扩大至2.2%,英伟达在GTC柏林期间密集推出一系列举措

19:04

恒光股份:拟投资不超1.1亿元建设年产1万吨纳米硅材料项目

18:58

宁德时代:10月21日斥资8亿元回购348.86万股

18:56

中化装备:完成股份回购,拟注销142.31万股减资

18:46

泰国发现1.2亿年前肉食恐龙足迹化石

18:39

上交所召开首批主动ETF市场动员会

18:18

北纬科技:前三季度净利润同比增长2246.41%

18:17

WTI原油期货价格涨2.44%,报100.202美元/桶

18:14

中办、国办:完善国有企业分类考核评价体系,提高企业与高校、科研院所等联合研发费用视同利润加回的比例

18:09

中办、国办:推动健全人工智能、生物技术等前沿领域法律法规,完善科技伦理制度规范

18:09

中办、国办:政府出资的创业投资基金和国有资本创业投资基金强化投早、投小、投长期、投硬科技

18:09

中办、国办:鼓励科技型中小企业加大研发投入,提高研发费用加计扣除比例

18:08

中办、国办:全面实施“人工智能+”行动,推动人工智能全方位赋能千行百业

18:08

中办、国办:推动集成电路、工业母机、高端仪器、先进材料、生物制造等重点领域关键核心技术攻关取得决定性突破

18:05

中办、国办:发挥新型举国体制优势,强化科技创新和产业创新战略规划、重大任务、政策措施的统筹协调

扫描下载App