Chinese online marketplace Alibaba Group has decided to divest its department store subsidiary, Intime, in a transaction resulting in a substantial loss of $1.3bn. The move is part of the company ...
Alibaba is China’s online shopping behemoth – an online marketplace featuring just about everything under the sun (or under the sea). It has just about everything you can imagine, which of ...
Alibaba is a top investment choice for 2025, with stable e-commerce growth, expanding cloud services, and high distribution ...
The company went public in Hong Kong in 2007, a first for a mainland China department store ... China, Alibaba told local media Caixin after the announcement. In addition, Intime's online ...
In the latest trading session, Alibaba (BABA) closed at $83.69 ... while the tech-heavy Nasdaq lost 0.06%. The the stock of online retailer has fallen by 5.96% in the past month, lagging the ...
Alibaba (BABA) has agreed to sell its Intime department store business to Youngor Fashion for around $1B, Bloomberg reports. The sale is part of an effort by Alibaba to offload non-core assets ...
Alibaba Group Holding’s video gaming unit will withdraw its flagship mobile title from the app store of smartphone maker Vivo, months after Tencent Holdings pulled its mobile game from several ...