Alibaba to sell China department store chain Intime for $1.3 billion loss
Alibaba Group said on Tuesday it would sell its Chinese department store unit Intime and book a $1.3 billion loss from the ...
China's Alibaba Says To Sell Department Store Arm For $1.3 Bn Loss
China's Alibaba said Tuesday that it had agreed to sell department store chain Intime at a $1.3 billion loss, as the tech giant trims down its operations with competition intensifying in the country's ...