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