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Alibaba Group Holding (NYSE:BABA) Might Have Deep Relationship With Baotong- HD Supply (NASDAQ:HDS)

Waking on tracing line of previous stocks, Alibaba Group Holding Limited (NYSE:BABA) also making a luring appeal, share price swings at $95.79 with percentage change of 0.15% in most recent trading session.

In addition, Baozun Inc. (NASDAQ:BZUN) inked strategic cooperation contract with Alibaba Group Holding Limited’s (BABA) logistics arm Cainiao Network Technology Co previous year, Baotong will additional deepen its relationship with Cainiao by providing best-in-class services to a wider variety of merchants through Cainiao’s platform.

<p>Chief Executive Officer of Baozun, Mr. Vincent Qiu stated that creating Baotong as a separate entity is an important milestone for them in additional strengthening their logistical capabilities and another step in providing improved warehousing and fulfillment solutions to the e-commerce market as whole. “As the rapid growth of brand e-commerce continues in China, more and more brands and merchants are looking for experienced and professional B2C warehouse and fulfillment services...


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