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South Korean cosmetics developer/manufacturer Cosmax Inc is to run an online flagship store on China’s Tmall.com. It has signed an agreement with online retail giant Alibaba Group Holding to establish the eCommerce platform to distribute Korean beauty…
Alibaba Group Holding Ltd. beat analysts’ estimates for revenue and profit after an online-sales extravaganza and expansion into rural China helped the nation’s biggest e-commerce operator defy a slowing economy. Sales rose 32 percent to 34.5 billion yuan…
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