Alibaba invests $100 mln in luxury-focused Mei.com

Alibaba said it will integrate resources from its B2C platform Tmall.com “to form a specialized services team to support Mei.com’s development and assist them in growing their user base, brand cooperation base, logistic services and IT infrastructure services”. Mei.com’s wide range of luxury brands including Armani, Zegna, Michael Kors, Trussardi,…