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Asia300 chases Alibaba with logistics advantage

Newly tied to Google, Chinese e-tailer to grow market share with swift delivery

The cash infusion from Google should enhance's already strong logistics and supply chain expertise.    © Reuters

BEIJING/SHANGHAI -- Chinese online retailer is closing the gap on market leader Alibaba Group Holding through strong in-house logistics, drumming up sales during a recent promotion that approach its rival's take during last year's busiest online shopping period. will receive a $550 million investment from Google under a strategic partnership largely seen as an attempt to resist dominant players like Alibaba and The cash infusion from the U.S. tech company should enhance's already formidable logistics and supply chain expertise, which has helped China's second-ranked e-tailer maintain speedy delivery times.

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