BABA sells Intime, marking a shift from its New Retail initiative to focus on core ... Reuters reported that Alibaba (NYSE:BABA), along with another minority shareholder, has agreed to sell ...

"Alibaba to divest retail store chain Intime for $1bn " was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has been included in ...

Chinese e-commerce major Alibaba Group has agreed to divest its interest in the Sun Art Retail Group, a hypermarket operator, ...

Dec 17 (Reuters) - Alibaba Group (9988.HK), opens new tab 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 ...

Alibaba Group Holding is taking a 9.3 billion ... The company is selling its entire stake in the retail chain, in which it first invested in 2014, to a consortium of purchasers comprising Youngor ...

Alibaba (BABA) has agreed to sell its stake in Sun Art Retail to private equity firm DCP for about $1.6B, after paying roughly $3.6B in 2020 to double the stake to over 70%, as it focuses on its ...

Customers shop inside an RT-Mart hypermarket operated by Sun Art Retail Group. Alibaba Group Holding has agreed to sell its controlling stake in Chinese hypermarket operator Sun Art for up to HK$ ...

Alibaba said late Wednesday it would sell its entire stake in Sun Art to Chinese private-equity firm DCP Capital Partners for up to the equivalent of $1.58 billion. An Alibaba-affiliated company, New ...

Alibaba 9988-0.83%decrease; red down pointing triangle Group is set to book an over $1 billion loss on the sale of its department-store chain Intime, which marks the Chinese tech giant’s latest ...

Chinese e-commerce giant Alibaba (BABA) has announced the sale of its stake in Sun Art to private equity firm DCP Capital. The company is getting $1.58 billion for its 78.7% stake in the ...