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The sale will result in a $1.3b loss as Alibaba shifts focus back to its core e-commerce business. Alibaba Group has announced it will sell its Chinese department store chain, Intime, in a deal ...
Alibaba, the Chinese e-commerce giant, said Tuesday that it will sell its stake in the department store chain Intime to the apparel group Youngor and Intime's management team for 7.4 billion ...
Alibaba Group Holding, the owner of China’s largest e-commerce platform, has started a recruitment drive for its community group-buying business amid heated competition in the burgeoning sector ...
E-commerce giant Alibaba said it would cut its graduate recruitment quota as part of a talent strategy adjustment. The Hangzhou-based company originally planned to recruit some 3,000 graduates in ...
Store X, which opened its first 60,000-square-food location in Shanghai last October, takes the club shopping experience Costco customers are familiar with and runs it through Alibaba’s digital ...
Alibaba’s share price is up 34 per cent this year, reflecting its dominant position in the local ecommerce market. That should allow it to escape the US-China trade war unscathed.
(Reuters) -Alibaba Group said on Tuesday it would sell its Chinese department store unit Intime and book a $1.3 billion loss from the deal, as the retail giant reshuffles its business portfolio to ...