Chinese e-commerce giant Alibaba is quietly plotting its expansion in Thailand. The company is in negotiation with Thailand’s largest warehouse developer, WHA Corporation, regarding an investment deal for industrial estate land in Chachoengsao, Thai news outlet Bangkok Post wrote in a report that has since been taken down. The investment would be the Alibaba’s second major deal in Thailand in the last two years.

“The talks are about new investment in WHA’s industrial estate land and we expect our logistics business will see more benefits from the deal,” said Jareeporn Jarukornsakul, chairman and chief executive of WHA, as quoted in the article. The company did not further disclose any details about the deal.

The investment will likely help boost Alibaba’s e-commerce reach in Thailand as well as support its other businesses including mobile payment platform Alipay, digital marketing platform Alimama, cloud computing arm Alibaba Cloud, and logistics company China Smart Logistics Network.

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Nicole Jao

Nicole Jao is a reporter based in Beijing. She’s passionate about emerging trends, news, and stories of human interest within the world of technology. Connect with her on Twitter or via email: nicole.jao.iting@gmail.com.