Youku Tudou, Alibaba Pictures Group, South China Morning Post, Lazada, Intime, and Sun Art Retail are major companies owned by Alibaba.
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 ...
Shares of the online shopping giant were ... have been eating into its market share. Alibaba is selling Intime after taking the department-store operator private together with its founder in ...
Alibaba, which owns the South China Morning ... industries at Beijing-based market research firm Analysys, said of the online shopping data. Ahead of family reunions during the Lunar New Year ...
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 ...
The online marketplace company ... on its core e-commerce and cloud computing businesses. Alibaba purchased the Chinese department store operator in 2017 in around $2.6 billion deal as part ...
from selling its more than 70% holding in the chain of Costco-like hypermart stores. That’s significantly less than the $3.6 billion Alibaba paid just to double its stake in Sun Art in 2020 ...