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Business deals

Otsuka Kagu to team with Alibaba-backed furniture seller

Struggling Japanese company taps China's Easyhome chain as sales avenue

Shoppers at an Otsuka Kagu store in Tokyo. (Photo by Taizo Wada)

TOKYO -- Japanese furniture retailer Otsuka Kagu will partner with an Alibaba Group Holding-backed peer in China, aiming to shore up its flagging business.

Beijing Easyhome will set up dedicated sections to display Otsuka Kagu offerings in-store. The two companies are looking into working together on online sales in China and will consider a capital tie-up down the road.

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