Alibaba to Mark $1.3 Billion Loss in Sale of Intime Stores - Yahoo …
3 days ago · (Bloomberg) -- Alibaba Group Holding Ltd. has agreed to sell its Intime department store business to Youngor Fashion Co. for around $1 billion in a move to offload non-core assets. The 7.4 billion ...
Alibaba to divest retail store chain Intime for $1bn - Yahoo Finance
2 days ago · Alibaba to Mark $1.3 Billion Loss in Sale of Intime Stores (Bloomberg) -- Alibaba Group Holding Ltd. has agreed to sell its Intime department store business to Youngor Fashion Co. for around $1 ...
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Alibaba to Sell Department Store Chain Intime for $1 Billion, …
3 days ago · Alibaba, the Chinese e-commerce giant, said Tuesday that it will sell its stake in the department store chain Intime to the apparel group Youngor and Intime’s management team for 7.4 billion ...
Alibaba Said to Near $1 Billion Intime Sale to Youngor Fashion
4 days ago · Alibaba Group Holding Ltd. is nearing a deal to sell its department store business to Youngor Fashion Co. for around $1 billion, according to people familiar with the matter.
Alibaba to sell department store chain Intime for $1 bln | Reuters
3 days ago · Alibaba said on Tuesday it would sell Intime to a consortium comprising Youngor Fashion , opens new tab and members of Intime's management team for 7.4 billion yuan ($1.02 billion), subject to ...
Alibaba Sees $1.3 Bln Loss On Sale Of Intime Store Chain
3 days ago · The online marketplace company, which currently holds 99 percent stake in Intime, expects to record losses of around RMB 9.3 billion or $1.3 billion as a result of the planned sale.
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Alibaba Expects $1.28 Billion Loss on Sale of Department Store Intime …
Alibaba Group is set to book an over $1 billion loss on the sale of its department-store chain Intime, which marks the Chinese tech giant’s latest move away from offline retailing. The company ...
Alibaba to Sell Intime Stake for $1 Billion | Markets Insider
3 days ago · News; Stock News; Alibaba to Sell Intime Stake for $1 Billion; Alibaba to Sell Intime Stake for $1 Billion. TipRanks. Dec. 16, 2024, 10:37 PM. Alibaba Group Holding Ltd. has released an update.