Chinese online retail giant Alibaba has said it willinvest $4.6bn in electronics chain Suning, one ofChina's largest physical retailers.
中国在线零售巨头阿里巴巴已经表示,它将投资46亿美元投资中国最大的实体零售商苏宁电器。
As a result, Alibaba will become Suning's secondlargest shareholder, with a 19.99% stake.
所以,阿里巴巴就成为了苏宁第二大股东,拥有19.99% 的股权。
Suning also said that it would invest $2.25bn inAlibaba in return for a 1.1% stake in the company.
苏宁公司表示将会投资22.5亿美元到阿里巴巴来换取1.1% 的阿里股权。
The two firms said in a joint statement that it would combine their strengths in both onlineand offline commerce.
两家公司在一项联合声明中说,他们将结合自己的优势,发展好线上和线下电子商务。
Suning, which has about 1,600 shops in China, said customers would be able to browseelectronics in its stores before purchasing the item on Alibaba's site.
苏宁电器,在北京拥有约1600家实体店,表示说顾客会在苏宁实体店中浏览商品后再在阿里巴巴平台上购买。
It also said its network of physical stores would join forces with Alibaba's distributionoperations to cut the delivery time of goods to customers - to as little as two hours.
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