Posted inChina

HNA Group to buy e-commerce site

Tianhai Investment, an HNA Group subsidiary, is planning to acquire a 100% stake in both and Dangdang Kewen, one of the mainstream e-commerce platforms in China, for a price of 7.5 billion yuan (US$1.2 billion), The Paper reported. In the announcement issued on Wednesday, Tianhai Investment said the evaluation work has not been completed […]

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