Headline Details

Mega retailers battle to survive as e-commerce booms in China

Published on: Fri, 12 Dec 2014 10:43:22 UTC
News Agency: Reuters
Description:
SHANGHAI (Reuters) - It took China's biggest retail chain Suning all last year to generate sales of about $17 billion. Last month, e-commerce giant Alibaba saw sales worth more than half that amount pass through its Tmall website in just one day.

Click here for FULL Story on Reuters

Also happening now

HeadlineNews Agency
Chad to shutter Qatar embassy, expel diplomats Reuters
Nickelodeon scraps plan for underwater Philippines resort BBC
Serbia and Macedonia agree to mend ties after embassy pullout Reuters
France backs Trump pledge to keep U.S. troops in Afghanistan Reuters
Spain to review police response to Barcelona attack amid questions Reuters