Alibaba, Government Near Deal to Bail Out Suning.com

Bloomberg Markets and Finance published this video item, entitled “Alibaba, Government Near Deal to Bail Out Suning.com” – below is their description.

Jun.29 — A consortium led by Alibaba Group Holding Ltd. and a provincial government are nearing a deal to buy a stake in the retail arm of indebted conglomerate Suning, according to people familiar with the matter. Tom Mackenzie reports on “Bloomberg Daybreak: Australia.”

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