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Alibaba buys 20% stake in retailer Suning

Tuesday, August 11, 2015 - 01:47

Chinese e-commerce giant Alibaba makes its biggest investment ever in electronics retailer Suning, spending $4.6 billion in a deal that will step up the competition with rival JD.com.

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Alibaba buys 20% stake in retailer Suning

Tuesday, August 11, 2015 - 01:47