21 August 2019

New Huadu teams up with Alibaba for O2O business, filing says

Shopping center operator New Huadu Supercenter Co. Ltd. (002264.CN) said in a regulatory filing Thursday that it has established a strategic partnership with Alibaba Group for online-to-offline (O2O) businesses. New Huadu will make further investments in e-commerce businesses and promote O2O channels, it said. The deal will, however, not have any significant impact on the company’s business performance this year, according to the filing. 

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