Alibaba in talks to buy stake in China operations of retailer Metro

Alibaba in talks to buy stake in China operations of retailer Metro

Photographer: Michael Nagle/Bloomberg

Chinese e-commerce giant Alibaba Group Holding Ltd is in talks with Germany’s Metro about taking a stake in the German wholesaler’s China operations, three sources told Reuters on Thursday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter