It has been confirmed from informed sources that Alibaba plans to sell its shares in Intime Department Store, with Youngor Group as the buyer. Since it does not involve the assets of a listed company, the latter will not issue an announcement. More details about the Trade will be based on Alibaba's announcement. Currently, Alibaba has clearly established two strategic priorities of 'user-first' and 'AI-driven', and is reorganizing its Business around these two core areas, reshaping the priorities of its business strategy. (21st Century Economic Report)
阿里巴巴出售银泰百货 确认雅戈尔接盘
Alibaba sells Intime Department Store, confirming that Youngor Group is taking over.
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