Alibaba signs deal with US ShopRunner

(MENAFN) Alibaba Group Holding Ltd. has recently signed one of its biggest deals with a US e-commerce company to help Amazon.com rival ShopRunner expand into China, according to Oman Observer. ShopRunner, whose partners include Neiman Marcus and Nine West, will use Alibaba"s domestic logistics infrastructure to launch in China later this year. The move would offer a new way for US retailers to tap the world"s second largest economy. ShopRunner Chief Strategy Officer Fiona Dias said: "The history of US retailers going to China is one that"s fraught with peril. This is a very low cost way to do it that doesn"t require them (US retailers) to go to China to figure it out."