BRIEF-Suning Commerce's 2016 profit down, to pay Alibaba Group for platform service fees in 2017

March 30 (Reuters) - Suning Commerce Group Co Ltd * Says 2016 net profit down 19.3 percent y/y * Says it and unit expect to pay up to 300 million yuan ($43.55 million) to Alibaba Group Holding Ltd for platform service fees in 2017 Source text in Chinese: http://bit.ly/2oC9uSO; http://bit.ly/2okX6av Further company coverage: ($1 = 6.8880 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)