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Alibaba Group to Invest RMB 20-30 Bln in Warehouses
Sina Tech, 1/19/11
Alibaba Group and its financial partners will invest between RMB 20-30 bln to construct a national warehouse network called "AliWarehouse" as part of its new distribution strategy, and aims to raise more than RMB 100 bln from the e-commerce sector to develop a national distribution system. Read More
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