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Home Latest News

Alibaba to spend $4.5b to form partnership with Chinese electronics chain

byCustoms Today Report
19/08/2015
in Latest News
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BEIJING: Alibaba Group Holding Ltd. is making its biggest bet yet on the staid world of bricks-and-mortar retailing, as the e-commerce giant spends $4.5 billion to form a partnership with a Chinese electronics chain that once struggled to cope with consumers shifting to the Internet

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