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TechInnovation/China – Suning.com expects colossal losses in H1 and announces stake sale to consortium (Global Times)

The Chinese retailer Suning.com expects colossal net losses of up to 3.2 billion yuan ($495 million) for the first half of the year, according to a stock filing late Monday.

Suning.com expects colossal losses in H1 and announces stake sale to consortium – Global Times

Suning.com logo File photo: IC

File photo: IC