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 announced today that it has agreed to sell its entire stake in Intime Retail to a buyer consortium led by Youngor Group and ...

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

In 2017, Alibaba bought a controlling stake in Intime for around $2.6 billion to tie the closing gap between the online and ...

Chinese online marketplace company Alibaba Group Holding Limited said on Tuesday that the sale of a department store chain ...

Alibaba Group Holding Limited announced its agreement to sell Intime department store chain in China to textile and apparel company ...

The new owner of Turner Hat Company, based in Notasulga, Alabama, is worried Trump's proposed tariffs will affect his costs.

High interest rates have held back investment in production. They've eased, but firms are wary of the effects of potential ...

Alibaba Group Holding is set to exit its physical retail business after announcing plans to sell its entire stake in Intime ...

Alibaba (BABA) named a top stock for 2025 by Barron's, focusing on value, growth, and innovation despite concerns over China ...

Target has new gifting tools; a UK startup is innovating on the tech behind resale; Alibaba sellers can use new listing tools ...

Alibaba Group Holding is expected to sell its department store chain Intime Retail (Group) to Chinese apparel company Youngor ...