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June 10, 2011

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Bailian to expand

SHANGHAI Bailian Group aims to expand e-commerce and open more than 800 outlets across China in the next five years as it seeks to become one of the top 500 companies globally.

The country's largest retailer said it expects its annual revenue to surge to 180 billion yuan (US$27.7 billion) by 2015, or an increase of more than 50 percent from 115 billion yuan in 2010.



 

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