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Alibaba to divest retail store chain Intime for $1bnChinese 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 ...
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Alibaba to Sell Department Store Chain Intime for $1 Billion, Booking $1.3 Billion LossThe 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 ...
Alibaba is a top investment choice for 2025, with stable e-commerce growth, expanding cloud services, and high distribution ...
This makes Cainiao a one-stop shop for merchants and consumers who have logistics needs. Youku, which operates as an Alibaba subsidiary, is billed as the “largest online long-form video platform ...
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 ...
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