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Alibaba and JD find solace in Russia

Amid the recession, Russian shoppers are increasingly turning to the Web to seek the best possible bargains
Saturday, October 10, 2015 - 05:50

Moscow

RUSSIA'S plunging currency hasn't weened consumers off foreign goods. Instead, cash-strapped shoppers are turning to online retailers for imported smartphones, jewellery and clothes, giving an unexpected boost to Chinese e-commerce giants Alibaba Group Holding and