Alibaba is expected to book a 13-billion yuan (US$1.8 billion) loss attributable ... In December, the company sold its entire stake in department store chain Intime Retail (Group) to Chinese ...

Take a look inside Alibaba's smart warehouse where robots do 70% of the work. They can carry up to 500 kilograms above them around the warehouse floor. They have special sensors to avoid colliding ...

Chinese online marketplace Alibaba Group has decided to divest its department store subsidiary, Intime, in a transaction resulting in a substantial loss of $1.3bn. The move is part of the company ...

The nearly 130,000 increase in staff primarily came from consolidating the operations of Sun Art Retail Group, China’s largest hypermarket operator, which Alibaba took control of in a US$3.6 ...

Alibaba (BABA) has agreed to sell its Intime department store business to Youngor Fashion for around $1B, Bloomberg reports. The sale is part of an effort by Alibaba to offload non-core assets ...