Kuries wrote a post · Feb 1, 2024 14:44

Alibaba is said to be weighing the sale of Intime department store and fashion retail in the latest overhaul step.-Bloomberg

An Intime sale would reverse one of the signature acquisitions under former boss Zhang, at a time Alibaba is struggling to grow its core business and resuscitate younger lines such as cloud services in the face of intense competition.

$Shanjin International Gold (000975.SZ)$ $Ant Financial Concept (LIST0362.SH)$ $Ant Group Ecosystem (LIST1287.HK)$ $ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $Hang Seng TECH Index (800700.HK)$

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more

Translate

Report

54K Views

Comment

Kuries

649Followers

6Following

3998Visitors