Suning counters Gome with Laox deal

By Ding Qingfen | China Daily | Updated: 2009-06-25 07:51

Suning counters Gome with Laox deal

Suning will buy a 27.36 percent stake in Japanese retailer Laox for nearly 60 million yuan. CFP

The competition between the top two consumer electronic retailers in China is set to hot up.

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