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Mail.ru Group, Alibaba negotiate joint venture - report

Monday 27 August 2018 | 09:56 CET | News
Russian internet company Mail.ru Group is in talks with the China-based online retailer Alibaba on the launch of a joint venture, reports Tdaily.ru. The new company would focus on online sales, giving Alibaba an opening in the Russian market. It is expected that the Russian Direct Investment Fund (RDIF) also plans to take part in the deal.

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Categories: Internet
Companies: Alibaba / Mail.ru
Countries: Russian Federation
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