Alibaba increases stranglehold on Chinese shoppers


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Chinese tech giant Alibaba will take control of leading hypermarket and supermarket chain Sun Art Retailing.
The tech titan is looking to boost its offline shopping services and gain further ground in China's booming retail market.
Alibaba is already China's biggest e-commerce player and owns Taobao, the world's largest online marketplace.
Sun Art is currently controlled by a unit of Mulliez family investments - one of the richest families in France.
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