You are here

Alibaba takes big step offline with US$2.6b Intime deal

Hong Kong

ALIBABA Group Holding Ltd is leading a bid to take department store chain Intime Retail Group Co private for as much as US$2.6 billion, as China's largest online retailer deepens its integration with brick-and-mortar stores.

The deal strengthens Alibaba's burgeoning...

Market voices on: