Shares in Alibaba and Suning jump after co-operation deal

August 11, 2015 4:24 AM

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Shares in Alibaba and Suning jump after co-operation deal

Alibaba and Suning stocks jumped on news the Chinese online giant will take a major stake in the offline retailer.

Alibaba is the world's largest online marketplace while Suning is a China-wide chain of electronics stores.

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