By Finance Pulse in KeyInfo —

Alibaba Sells Intime Retail at $1.3 Billion Loss

Alibaba's strategic decision to sell Intime Retail Group Co. results in a significant $1.3 billion loss. Explore the impact on the retail giant's portfolio.

An elegant and dynamic image of Alibaba's logo juxtaposed with a retail store backdrop, capturing th
Alibaba Sells Intime Retail at $1.3 Billion Loss

Alibaba agreed to sell its department store business Intime Retail Group Co. at a loss of $1.3 billion.

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