GENEVA, Oct. 5 (Xinhua) -- Global travel retailer Swiss-based Dufry said on Monday it has agreed to form a joint venture (JV) with tech giant Alibaba Group to partner in the Chinese travel retail market in a bid to accelerate the consumer retail business and digital transformation.
Dufry said the JV will be owned at 51 percent by Alibaba and 49 percent by Dufry.
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