China's HNA in talks to buy e-commerce firm Dangdang likely valued over $1b

China's HNA in talks to buy e-commerce firm Dangdang likely valued over $1b

The HNA Group logo is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration

China’s HNA Group Co Ltd is in talks to buy a controlling stake in E-commerce China Dangdang Inc in a deal that could value the online marketplace at over $1 billion, two people with direct knowledge of the matter told Reuters.

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