Alibaba sweeps up shares of retailer Zulily, now holds 9.2 pct stake

WASHINGTON, May 9 (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd has reached a 9.2 percent stake in U.S. on-line retailer Zulily Inc, after sweeping up shares at rock-bottom prices last week.

Source: Technology Sector News

Leave a Reply

Your email address will not be published. Required fields are marked *

1 × 4 =