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 ...

Alibaba Group has announced it will sell its Chinese department store chain, Intime, in a deal worth $1.02b (7.4b yuan), Reuters reported. The sale will result in a $1.3b loss as Alibaba shifts ...

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 ...

Alibaba 9988-1.48%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 ...

Ecommerce giant Alibaba claims that its Qwen 2.5-Max AI model can outperform DeepSeek, another upstart threatening ChatGPT's ...

(RTTNews) - Alibaba Group Holding Limited announced its agreement to sell Intime department store chain in China to textile and apparel company Youngor Group-led consortium in around RMB 7.4 ...

Alibaba Cloud users can log into its PAI Model Gallery, where DeepSeek’s latest models and ‘distilled’ versions of these ...

International business is also a shining area with Alibaba International Digital Commerce (AIDC) posting 29% YoY revenue growth, driven by "high growth in cross-border companies such as AliExpress ...

Alibaba Group Holding's video gaming unit will withdraw its flagship mobile title from the app store of smartphone maker Vivo, months after Tencent Holdings pulled its mobile game from several ...

(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 ...