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Sina, Dongxiang Acquire 19%, 10% Stakes in Mecox Lane
PR Newswire Asia, 3/02/11
Chinese B2C mail-order e-commerce company Mecox Lane (Nasdaq: MCOX) today announced that Chinese internet company Sina (Nasdaq: SINA) and a subsidiary of Chinese sports apparel manufacturer Dongxiang have entered into separate agreements to acquire an aggregate of 117.51 mln ordinary shares of Mecox Lane. Read More
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