Published in General on 02-04-2014
Yoni Van Looveren
Loods 5 will open its third store in Amersfoort in 2015, which will allow even more people to buy items meant for home decoration.
The Amersfoort location is meant to be accessible and has a store size of 18,000 sqm.
After an analysis of the general terms and conditions on the AliExpress website, a group of consumer organisations say that Alibaba fails to live up to the European consumer rights regulation.
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Investment company 3i, which owns Action, does not want to give up its interest in the non-food discounter. On the contrary, 3i even wants to expand its interest, but without paying for it itself.
In its last financial year, Alibaba saw its turnover and profit reach double-digit growth again. Pushed by new algorithms, conversion rates in China soared - making it the only branch of the company that is already profitable.