精品视频一区二区三区四区,97国产色,国产深夜视频,午夜男人网站,成人99视频,成人1区2区3区,91精品国产成人观看

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