( September 30, 2014, 04:17 GMT | Official Statement) -- MLex Summary: Alibaba, China’s largest e-commerce company, signed an agreement Sept. 25 to buy a 15 percent stake in Beijing Shiji Information Technology for 2.81 billion yuan ($457 million). Beijing Shiji Information Technology develops and sells information management software for hotels. Shiji will collaborate with Alibaba’s major online service divisions, including online travel agency Taobao Travel, third-party payment system Alipay, and an online dining service platform.A statement from Beijing Shiji Information Technology is attached....
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