supermarketA unit of China Resources Holdings has invested an undisclosed amount in Meituan-Dianping, the largest on-demand local services provider in China, according to a company announcement. The strategic investment will see the state-owned conglomerate to establish a strategic partnership with Meituan-Dianping, initially on projects that will combine China Resources' retail assets with Meituan-Dianping's online platforms. […]

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Visit the original source and full text: China Money Network