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.

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