China’s Alibaba backs Amazon rival ShopRunner
Alibaba Group is targeting the U.S. market with a US$200 million investment in ShopRunner, an online retailer that competes with Amazon.com, a source familiar with the deal said Friday.
Alibaba Group is targeting the U.S. market with a US$200 million investment in ShopRunner, an online retailer that competes with Amazon.com, a source familiar with the deal said Friday.
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