China Blockbuster: Alibaba To Buy 20% Of Retailer Suning As Digital, Offline Powers Entwine

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In a milestone China transaction that signals the accelerating integration of digital and offline retailers in the world’s No. 2 economy, Alibaba Group Holding, China’s largest e-commerce company, said today it would pay $4.6 billion for a 20% stake in Suning Commerce Group, one of the country’s largest traditional appliance […]

Vía Forbes Real Time http://onforb.es/1Pg4XNn