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Chinese e-commerce giant forks out US$807 million for a 51 percent stake in Cainiao Smart Logistics Network and another US$15.2 billion over five years to boost its global logistics network.
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from Elian Hinson's Faves RSS Feed http://www.zdnet.com/article/alibaba-takes-control-of-logistic-business-for-807m/#ftag=RSSbaffb68
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