Tag: Alibaba

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Alibaba sale department store: China’s Alibaba says to sell department store arm for $1.3 billion 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...

Alibaba: Chinese tech giant Alibaba posts 5% quarterly revenue growth

Chinese tech and ecommerce giant Alibaba on Friday reportedmoderate revenue growth of five percent in its latest quarter, as Beijing works to stimulate...