Alibaba Group is selling its department store arm Intime to textiles and clothing conglomerate Youngor Fashion Co for 7.4 ...

The Chinese company is ditching the department-store chain Intime as it goes all-in on e-commerce and cloud computing.

Alibaba Group Holding is selling its stake in Chinese department store chain Intime for 7.4 billion yuan ($1 billion), which ...

The sale comes as Alibaba has been restructuring its businesses to focus on the e-commerce sector amid intensifying ...

The deal for the department store chain is valued at 7.4 billion yuan, less than half of what Alibaba sank into it.

Alibaba Group said on Tuesday that it will sell its department store unit Intime to a consortium comprising of textiles firm ...

Alibaba (BABA) to sell its stake in department store chain, Intime, to a consortium of buyers including Youngor Fashion for ...

Chinese mainland tech heavyweight Alibaba Group Holding Ltd said on Tuesday it will sell its department store chain Intime to ...

Alibaba intends to sell Intime to a consortium comprising Youngor Fashion and members of Intime's management team. The deal, ...

The e-commerce company says Intime will be sold to a consortium of purchasers comprising Youngor Group and Intime’s ...

Alibaba Group on Tuesday said it would sell its department store arm, Intime, to textiles and clothing enterprise Youngor ...

Alibaba Group Holding Ltd. is nearing a deal to sell its department store business to Youngor Fashion Co. for around $1 ...