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Alibaba invests in fashion platform Mei.com

The Chinese e-commerce giant Alibaba has invested in Mei.com, China’s leading flash sales platform for luxury and fashion products. Alibaba will profit from Mei.com's wide selection of luxury brands, especially for its B2C platform Tmall.com, while Mei.com will be able to enhance its supply chain services with Alibaba's help. “Alibaba Group’s...

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