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Alibaba's biggest investments in 2017

The indicated funding figure may include contributions from other investors

alibaba, alibaba store
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China’s fragmented market means Alibaba is spreading itself wider and thinner, hooking an array of mall operators and stores | photo: reuters

Steven Millward | Tech in Asia
In a good year for Alibaba it spent big on investments. Here’s this year’s top action.
 
SUN ART
 
Funding round: $2.9 billion
Country: China
Paying nearly $3 billion for a one-third stake, Alibaba invested in Sun Art Retail, which operates several well-known supermarket brands.
 
 INTIME
 
Acquisition amount: $2.6 billion
Country: China
Alibaba made its first serious push into brick-and-mortar retail back in early 2014 when it ploughed nearly $700 million into department store and mall firm Intime.
 
TOKOPEDIA
 
Funding round: $1.1 billion
Country: Indonesia
In August, it doubled down on its 2016 Lazada acquisition

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