Intime Archives - Inside Retail Asia
First “Smart Ladies’ Room” at the West Lake Intime Shopping Mall in Hangzhou City encourages shoppers to spend more than a penny.
A new Alibaba, Auchan, Sun Art partnership will further strengthen Alibaba’s efforts to integrate online and offline, say analysts.
Jack Ma says he is aiming for $1 trillion GMV turnover in 2020 and a payroll of 100 million Alibaba workers.
A strategic partnership with Bailian Group expands Alibaba’s offline retail business.
Alibaba proposes to privatise the Intime Retail Group, which manages department stores and malls in China.
Profit beat expectations in Alibaba Group’s latest quarter, with cloud computing and entertainment star players.
Project X, a multi-brand boutique that caters to young creatives, has launched at Plaza Indonesia in Jakarta.
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…
Wabsono opens its first store in Hangzhou.
Intime department store targets 100 stores within the next five years.