Alibaba Group Holding is expected to sell its department store chain Intime Retail (Group) to Chinese apparel company Youngor Fashion as China's e-commerce giant walks away from offline retailing, ...
When Chinese e-tailer Alibaba rolled out its Freshippo supermarket in 2016, U.S. observers took notice of what seemed to be the world's first true omnichannel store. Shoppers browse an array of fresh ...
Alibaba (NYSE:BABA) to sell its stake in department store chain Intime to a consortium of buyers including Youngor Fashion for approximately $1 billion, making a large loss on the sale. The decision ...
Alibaba’s physical store stocks imported goods ranging from food items to kitchen tools and is strategically located in the port city of Tianjin. Demand for imported products is rising in China and ...
Alibaba (BABA) has agreed to sell its Intime department store business to Youngor Fashion for around $1B, Bloomberg reports. The sale is part of an effort by Alibaba to offload non-core assets, ...
Chinese ecommerce giant Alibaba has gone all in on its New Retail play, taking the online shopping experience to bricks-and-mortar stores, starting with its own backyard. According to Hema CEO Hou Yi, ...
Alibaba is piloting its first "FashionAI" concept store at the Hong Kong Polytechnic University, according to Alizila, a news site operated by Alibaba. The temporary store only offers clothing from ...
Amazon has been struggling to make inroads in China. Now it’s turned to the same venue as every other retailer hoping to reach Chinese shoppers online: its archrival Alibaba. Amazon’s store, which ...
Singles' Day, an annual shopping day Chinese e-commerce giant Alibaba invented in 2009, won’t just be about online discounts this year -- The company is expanding the shopping bonanza into the ...
Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up E-commerce platform Tmall said that it will ...
There are a lot of reasons to prefer online shopping to the real-life experience — avoiding the crowds, being able to see all the available sizes and colors, and not having to lug around bags all come ...