Intime Archives - Inside Retail Asia

Alibaba’s Smart Ladies’ Rooms engage mall shoppers

First “Smart Ladies’ Room” at the West Lake Intime Shopping Mall in Hangzhou City encourages shoppers to spend more than a penny.

Alibaba, Auchan, Sun Art partnership in China food foray

A new Alibaba, Auchan, Sun Art partnership will further strengthen Alibaba’s efforts to integrate online and offline, say analysts.

Jack Ma wants to create 100 million Alibaba jobs

Jack Ma says he is aiming for $1 trillion GMV turnover in 2020 and a payroll of 100 million Alibaba workers.

Alibaba expands offline with Bailian Group pact

A strategic partnership with Bailian Group expands Alibaba’s offline retail business.

Alibaba moves to privatise Intime Retail Group

Alibaba proposes to privatise the Intime Retail Group, which manages department stores and malls in China.

Boom quarter for Alibaba Group

Profit beat expectations in Alibaba Group’s latest quarter, with cloud computing and entertainment star players.

Multi-brand boutique Project X launches

Project X, a multi-brand boutique that caters to young creatives, has launched at Plaza Indonesia in Jakarta.

Alibaba buys Intime

Chinese e-commerce giant Alibaba has agreed to acquire a 35 per cent stake in department store chain Intime for $692 million. The acquisition is aimed at integrating their online and offline businesses. Alibaba said in a statement that it will take a 9.9 per cent equity stake in Intime for $214 million and subscribe to $478 million in convertible bonds, which if converted would give Alibaba no less than an additional 25 per cent stake in Intime. “We see significant opportunities to ex…

China boardsports store opens

Wabsono opens its first store in Hangzhou.

Bold rollout for department store

Intime department store targets 100 stores within the next five years.

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