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 ...

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 ...

The Taobao marketplace run by Chinese e-commerce giant Alibaba Group Holding on Wednesday ... whereas under the new system it can be sent to any online shopping or social platform, including ...

President Donald Trump's latest trade tariffs are set to affect e-commerce, specifically focusing on a tariff exemption for packages valued under $800, which has been in use by Chinese online ...

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 ...

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 ...