Alibaba Buys Top China Hypermarket In War With Walmart

Alibaba Buys Top China Hypermarket In War With Walmart

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Alibaba Buys Top China Hypermarket In War With Walmart

Alibaba today announced it will invest $3.6 billion in Sun Art Retail Group, a huge hypermarket and supermarket operator in China. Sun Art is the largest retailer in China and competes head to head with Walmart.

Alibaba Buys Top China Hypermarket In War With Walmart
Rich Ord

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