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Alibaba has launched a long-awaited joint service with ShopRunner, a U.S. rival of Amazon that lets Chinese consumers order products directly from the websites of big U.S. brands that are ShopRunner partners. Alibaba (BABA) holds a 39% stake in ShopRunner. A ShopRunner spokesperson told IBD the new service, which ships products ordered from U.S. e-commerce sellers directly to China, began Thursday with the announcement of the U.S. firm’s tie-up Scalper1 News
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