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
Gaddafi son in good health, following politics: family lawyer Reuters
U.S. condemns killing of Malta journalist, says FBI assisting probe Reuters
Catalonia refuses to renounce independence, separatist protesters rally Reuters
Venezuela's Maduro defends disputed vote, opposition divided Reuters
U.S. mulls potential F-16 sale to Greece: Trump Reuters