Alibaba acquires 20% stake in electricals retailer Suning in £2.9bn deal

Chinese etail giant Alibaba is investing $4.6bn (£2.9bn) in electronics chain Suning, one of the country’s largest bricks and mortar retailers.

Chinese etail giant Alibaba is investing $4.6bn (£2.9bn) in electronics chain Suning, one of the country’s largest bricks-and-mortar retailers.

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