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Alibaba's Suning deal a riposte to growing might of rival JD.com

By Paul Carsten BEIJING (Reuters) – “Tragedy” – that was Alibaba Group Holding Ltd founder Jack Ma’s prediction for the fate of rival JD.com Inc in comments published earlier this year. On Monday Alibaba signaled it is no longer writing off its smaller competitor, making a $4.6 billion investment to give it more traction in two areas JD.com does well in: logistics and electronics. Ma’s online shopping titan bought into