Retail Asia12/02/2018
3min
Alibaba Group Holding will pay about 5.45 billion yuan (US$866 million) for a 15 per cent stake in Beijing Easyhome Furnishing Chain Store, the operator of China’s second largest home improvement supplies and furniture chain. It is the latest move in the e-commerce titan’s online-to-offline strategy, following its US$2.9 billion investment in Sun Art Retail, […]