2013-12-13
Alibaba Invests CNY2.2 Billion In Haier For Chinese Logistics Development
China's Alibaba Group and Haier Group jointly announced that the two parties have reached strategic cooperation for logistics and installation services in China. Alibaba Group will invest HKD2.822 billion, which is about CNY2.213 billion, in Haier Electrical Appliances, a subsidiary of Haier Group. The two parties will establish a whole set of systems and standards […]