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Will Alibaba’s ShopRunner Become Tmall’s Upscale Cousin In China?
While luxury brands in China are wary of discount-driven Tmall, Alibaba hopes that American e-commerce site ShopRunner will be a more appealing place to set up shop. Read MoreAlibaba Bets On Huge China Potential For Vintage Luxury E-Commerce
The world's biggest online e-tailer's new investment in a U.S. site shows its faith that vintage e-commerce can gain cachet among China's luxury consumers. Read More