Alibaba Bets $2.9 Billion it can take on Wal-Mart in China

Alibaba takes on Wal-Mart in China

Alibaba Group Holding Ltd.’s $2.9 billion deal to buy a slice of China’s largest hypermart chain pits it against Wal-Mart Stores Inc. in the world’s largest retail arena.

Please support our Sponsors here : Hot Electronics Selection Top-rated Electronics, MAX 60% OFF, Embrace the future of technology!