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Reuters reports that Amazon "has opened an online store on Alibaba Group Holding Ltd's fast-growing online marketplace, as it seeks to expand in China."

Alibaba, of course, is seen as a competitor to Amazon as it expands its presence in the US.

The story notes that "Alibaba's Tmall offers virtual storefronts and payment portals to merchants. Several western retailers, including Zara owner Inditex, Britain's Burberry and ASOS, have joined TMall this year as they look to boost their presence in China."
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