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BRIEF-Shiji Information Technology signs framework agreement with Alibaba Investment
November 2, 2017 / 12:19 AM / 22 days ago

BRIEF-Shiji Information Technology signs framework agreement with Alibaba Investment

Nov 2 (Reuters) - Beijing Shiji Information Technology Co Ltd

* Says it signs framework agreement with Alibaba Investment Limited

* Says agreement involves stake transfer of 38 percent in Shiji Retail Information Technology Co Ltd worth up to $500 million

Source text in Chinese: bit.ly/2hy8nTg

Further company coverage: (Reporting by Hong Kong newsroom)

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