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New Retail: Clicks Plus Bricks Alibaba moves to integrate the online marketplace with physical stores

New Retail: Clicks Plus Bricks Alibaba moves to integrate the online marketplace with physical stores
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摘要 Chinese e-commerce giant Alibaba is set to become the major share- holder of department store titan Intime Retail once it closes a deal worth $2.6 billion to acquire a 74-percent stake in the company. Chinese e-commerce giant Alibaba is set to become the major shareholder of department store titan Intime Retail once it closes a deal worth $2.6 billion to acquire a 74-percent stake in the company.Intime Retail is a Beijingbased shopping mall chain with more than 30 outlets throughout China.The acquisition was announced on January 10."Intime is another expansion for Alibaba into
作者 Li Nan
出处 《Beijing Review》 2017年第4期34-35,共2页 北京周报(英文版)
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