Wednesday, 18 June 2014

Alibaba ties up with China's state postal service

TRADE WARS
Alibaba ties up with China's state postal service
Shanghai (AFP) June 12, 2014 - E-commerce giant Alibaba said Thursday it would develop a logistics network with China's dominant state postal carrier, the latest in a series of deals before a planned US listing. The firm operates China's most popular online shopping platform, Taobao, which is estimated to hold more than 90 percent of the online market for consumer-to-consumer transactions. But the company has identified d ... more


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