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Alibaba's latest announcement: plans to sell equity in Intime, with an expected loss of approximately 9.3 billion yuan! Yagor responds to the takeover of Intime Department Store
On December 17th, Alibaba announced on the Hong Kong Stock Exchange that the company and another minority shareholder have agreed to sell 100% equity of Intime to a consortium of buyers consisting of ... -
Alibaba sells equity in Intime for 7.4 billion yuan, with Youngor Group and Intime management taking over
21st Century Business Herald reporter Zhu Yiyi, Tao Liyi, Jia Ying reported from Hangzhou and Shanghai The sale of equity in Intime by Alibaba has finally settled. On the afternoon of December 17th, ...