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Alibaba boosts Singapore Post stake, invest in e-commerce unit
Jul 7 2015 9:23PM EST | Source: REUTERS TechnologySINGAPORE (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd is investing about S$279 million ($205.98 million) to expand its holdings in Singapore Post Ltd (SingPost) and its e-commerce subsidiary, the two companies said in a statement.