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Alibaba launches "Hangzhou + Beijing" double centers strategy

BEIJING
2015-09-24 15:38

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China's biggest e-commerce company Alibaba Group Holding Ltd (BABA.NYSE) announced on Thursday a strategy of building double business centers in Hangzhou and Beijing.

Alibaba said the Beijing center would focus on business development in north China and provide products and services with higher quality and lower price for local consumers.

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