Taobao Mall

GLP, Alibaba ink deals

Mainboard-listed Global Logistic Properties (GLP) said it has signed two agreements with Alibaba's Taobao Mall for the lease of two facilities in Shanghai and Guangzhou. In a statement, GLP said the agreement marks the partnership between the two companies and is expected to improve the nationwide logistics facility network for Alibaba's Taobao Mall's online retailing business. The new leases include a...