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The two companies will cooperate on selling furniture and home products online as well as on revitalizing department stores and shopping malls.

The company is planning to repurchase 10% of its shares.

Its shipments more than doubled.

The short video app had 188 million downloads in Q1 2019, slightly ahead of Facebook.

Alibaba is a powerful platform to tap into rising demand from China.

Best serves TMall and Taobao, among other e-commerce heavyweights.

The online grocer had diversified into many on-demand niches but is now scaling back several of them.

The platforms will be designed to bolster the country’s sharia-compliant economy.