China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
Alibaba Stretches O2O Commitment With New Retail Investment
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China's online-to-offline opportunities have reached a new level with investment from China's top e-commerce firm into one of China's leading retail chains. China's Alibaba Group Holding Limited will invest approximately CNY28.3 billion for a 19.99% stake in Suning Commerce Group Limited. After the closing of the investment in Suning, Alibaba will be the second-largest shareholder […]
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