Baird raised the firm’s price target on Alibaba (BABA) to $125 from $110 and keeps an Outperform rating on the shares. The firm previewed its ...
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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 ...
The Alibaba founder was spotted visiting one of the company’s grocery stores just days after visiting its Hangzhou campus.
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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 (BABA) closed the most recent trading ... Coming into today, shares of the online retailer had gained 4.8% in the past month. In that same time, the Retail-Wholesale sector gained 2. ...
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