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Alibaba's Taobao
China Software will sell its 20% stake in Chinese retailer
Suning.com to another Alibaba affiliate, Hangzhou Haoyue
Enterprise Management for 2.8 billion yuan ,
Suning.com said in a...
Alibaba's Taobao China Software to sell 20% stake in Suning.com for $389 million, a significant loss from $4.6 billion paid in 2015, part of company's restructuring strategy and focus on overseas business.