Alibaba accelerates investment in furniture retail

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Publication

20 March 2018 à 10h33

Updated on 10 May 2019 à 17h13

Reading time

2 minutes

Publication: 20 March 2018 à 10h33, Updated on 10 May 2019 à 17h13

Reading time: 2 minutes

Add mind Retail to your sources

Publication

20 March 2018 à 10h33

Updated on 10 May 2019 à 17h13

Reading time

2 minutes

Publication: 20 March 2018 à 10h33, Updated on 10 May 2019 à 17h13

Reading time: 2 minutes

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Involved in a complex strategy to win revenue from both online and physical retail, Alibaba announced in February 2018 an ambitious investment of US$867 million in the furniture sector, taking 15% of the physical retailer Easyhome Furnishing China Store Group.

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