Posted inChina, World

Alibaba’s food purchaser inks US$1.9 bn in import deals

Alibaba Group’s global fresh food purchaser Yunphant has signed two major deals worth US$1.9 billion with suppliers Danish Crown and JBS Group of Brazil, The Paper reported. Yunphant signed a memorandum with JBS worth US$1.5 billion to import beef over three years, the largest beef order ever between the two countries. Yunphant will provide services […]

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