(1st Lead) Alibaba to become Suning's 2nd-largest shareholder

August 11, 2015 by · Comments Off on (1st Lead) Alibaba to become Suning's 2nd-largest shareholder 

BEIJING, Aug. 10 — Alibaba, China's largest e-commerce company, and Chinese home appliance retailer Suning have signed a big-money deal to work together on online and high-street sales.

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