Home » testfinaltechnews » Alibaba Will Pay $692M For 35% Stake In Retail Operator Intime

Sunday, March 30, 2014

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Alibaba Will Pay $692M For 35% Stake In Retail Operator Intime

9:38 PM

Alibaba has agreed to pay $692 million for a 35% stake in Intime Retail, which operates department stores throughout China. The two companies will form a joint initiative to focus on offline-to-online retail opportunities. Read More

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