China's Lianhua Supermarket says Alibaba takes 18 pct stake

HONG KONG, May 29 (Reuters) - China's Lianhua Supermarket Holdings Co Ltd on Monday said shareholder Shanghai Yiguo E-Commerce Co Ltd would sell an 18 percent stake in supermarket chain operator to a unit of Alibaba Group Holding Ltd.

by reutersCOMPANYNEWS via Endless Supplies .Biz - News