Alibaba buys into home improvement business

          Source: Xinhua| 2018-02-12 13:43:40|Editor: Zhou Xin
          Video PlayerClose

          HANGZHOU, Feb. 12 (Xinhua) -- Alibaba is to pay 5.5 billion yuan (870 million U.S. dollars) to buy a 15 percent stake in Easyhome, a domestic home improvement chain.

          Alibaba will help digitalize Easyhome's outlets and "improve customer experience," according to their agreement, Alibaba sources said.

          Beijing-based Easyhome had 223 outlets across the country at the end of 2017, recording sales of more than 60 billion yuan last year.

          Alibaba has invested in the retail sector in recent years, covering home appliances, digital products, fast-moving consumer goods, catering and home improvements.

          TOP STORIES
          EDITOR’S CHOICE
          MOST VIEWED
          EXPLORE XINHUANET
          010020070750000000000000011100001369694421
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  亚洲天堂在线2024 | 最新精品久久精品 | 中文字幕亚洲乱码高清 | 日本一区二区三区三州在线观看视频 | 亚洲精品国产综合久久一线 | 麻豆久久久久久久 |