/// Alibaba Leads $206 Million Investment in ShopRunner
Alibaba Group Holding Ltd. has led a $206 million investment in a rival to Amazon.com Inc., one of its biggest U.S. moves as the Chinese e-commerce giant considers an initial public offering here. Alibaba invested in ShopRunner Inc., which offers unlimited two-day shipping from retailers including Toys “R” Us Inc. and RadioShack Corp.
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Alibaba Leads $206 Million Investment in ShopRunner