Alibaba's Strategic Shift: Selling Assets at a Loss Alibaba sells stakes in Sun Art and Intime Retail at a loss, pivoting focus to technology, e-commerce, and AI. Explore this shift in strategy.
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.