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Alibaba in Online-Offline Tie-Up with Retailer Bailian

By Yang Ge
Alibaba Group Holding Ltd. said Monday that it was forming a strategic partnership with department store operator Bailian Group. Meanwhile, Sun Art Retail Group Ltd. denied earlier media reports that the owner of China's leading supermarket chain was in its own talks with Alibaba. Photo: Visual China
Alibaba Group Holding Ltd. said Monday that it was forming a strategic partnership with department store operator Bailian Group. Meanwhile, Sun Art Retail Group Ltd. denied earlier media reports that the owner of China's leading supermarket chain was in its own talks with Alibaba. Photo: Visual China

(Beijing) — E-commerce giant Alibaba announced on Monday a new strategic partnership with a major department store operator, as reports that it was negotiating another, even-larger partnership was shot down by China’s leading supermarket chain.

The announcement of the new tie-up with Bailian Group came just days after Chinese media reported that Alibaba Group Holding Ltd. was in unrelated talks for a similar partnership with Sun Art Retail Group Ltd., operator of the RT-Mart supermarket chain. Sun Art’s Hong Kong-listed shares were suspended after those reports came out, and tumbled on Monday after the company said it wasn’t in any talks with Alibaba.

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