Alibaba’s Freshippo to Shut Last X Member Store in Strategic Revamp
Chinese warehouse stores have struggled to break into the membership-based, bulk-buying format
Caixin Global ·
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DARK SECRETS: Freshippo | Rare Historical Photos
Shanghai Composite Index Fell 0.72% on Tuesday
Shenzhen Component Index closed down 0.58%
Caixin Global ·
Alibaba approves cloud computing unit spin-off, prepares for grocery and logistics arms to go public
Chinese e-commerce company Alibaba Group Holding on Thursday said that it plans to spin-off of its cloud computing unit and that its logistics and grocery units would begin exploring initial public offerings, as the e-commerce firm kickstarts a restructuring process of its businesses aimed at spurring growth
The Independent UK ·
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