China's Alibaba said Tuesday that it had agreed to sell department store chain Intime at a $1.3 billion loss, as the tech ...

As the quarterback for the storied Boston Latin Academy, Jack Shapiro has long relished playing some of his high school games ...

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 ...

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

Alibaba is selling its department store chain, Intime, at a $1.3 billion loss due to increased competition in China's ...

Also featuring reporting on an elaborate con on a Chinese dissident, an academic credentials scandal, and trekking with ...

(Reuters) – Alibaba Group said on Tuesday it would sell its Chinese department store unit Intime and book a $1.3 billion loss ...

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