Chinese online marketplace Alibaba Group ... of active buyers during their 16th annual 11.11 Shopping Festival. "Alibaba to divest retail store chain Intime for $1bn " was originally created ...
Alibaba is expanding from its core online businesses ... its Tmall and Taobao shopping platforms. The company said mobile monthly active users of its Chinese retail marketplaces grew to 549m ...
Alibaba is ramping up its investments in its physical retail footprint and partnerships to develop its new retail strategy that combines online and offline platforms ... it led the $2.6 billion ...
Alibaba also took control of Sun Art from its French owner, the Mulliez family as the company was planning to create a new retail model that promotes both online and offline shopping platforms.
Chinese e-commerce giant Alibaba will form a joint-venture online shopping operation with South ... International retail sales jumped 35% to 25.6 billion yuan in Alibaba's September-ended quarter.
More from Retail 25 Billion Dollars. That's how much Alibaba, the Chinese e ... holiday in an attempt to drum up more online sales. In China, spikes in shopping sales were common in late September ...
Alibaba Group Holding agreed to ... amid the e-commerce giant's ambition to create a "new retail" model that leverages online and offline shopping platforms. Sun Art's operations, including ...
Alibaba sold its 73.66% stake in Sun Art to DCP Capital for US$1.6bn, reflecting a shift away from its New Retail strategy ... potential sale of Youku, the online streaming service provider ...
Shares of Sun Art Retail Group fell sharply after Alibaba Group said it would unload ... a controlling stake in Sun Art in 2020. The online sales giant under Chief Executive Eddie Wu has more ...
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 ...