Alibaba reportedly selling Intime Department, once its great hope for the transformation of offline retail

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Alibaba is reportedly considering the sale of Intime Department, a bricks-and-mortar retailer that the e-commerce giant privatized in 2017 for HK$19.8 billion, and which once formed a key part of its bid to modernize offline retail. The Taobao owner has engaged in talks with several potential buyers to assess their interest in acquiring Intime…
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作者 gocpmall