Alibaba Looks to Bricks and Mortar With Bid for Mall Operator in China

Alibaba Looks to Bricks and Mortar With Bid for Mall Operator in China Alibaba Group Holding is leading a $2.6 billion bid to privatize Intime Retail Group Co in a move to digitize brick-and-mortar department stores while growth in online sales begins to slow. Alibaba Investment and Intime founder Shen Guojun have offered …

Global Times

Alibaba investing $2.6 billion to push China’s Intime go private

China’s online retailer Company, Alibaba Group Holding Ltd. said it would combine with the founder of China’s Intime Retail (Group) Co. to take the department-store operator private, as the E-commerce firms look to increase its online supremacy into

The Independent Republic

China’s Alibaba Group leads $2.6 bn bid to privatise Intime Retail Group Co

China’s Alibaba Group Holding Ltd is leading a $2.6 billion bid to privatise Intime Retail Group Co Ltd in a move to digitise brick-and-mortar department stores even as growth in online sales started to slow. Alibaba Investment Ltd and Intime founder

domain-B

Languishing Intime Soars After Alibaba, Shen Guojun Privatization Bid

Shares in Alibaba Group-backed Intime soared by 36% in Hong Kong today after a subsidiary of Alibaba and China billionaire Shen Guojun asked the board to consider an offer to privatize the company. Under the proposed $2.6 billion transaction, Alibaba …

Forbes

Mckinley Capital Management LLC Delaware lowers its Position in Alibaba Group Holding Ltd. (BABA)

Mckinley Capital Management LLC Delaware reduced its position in shares of Alibaba Group Holding Ltd. (NYSE:BABA) by 39.4% during the second quarter, Holdings Channel reports. The fund owned 374,850 shares of the company’s stock after selling …

DailyQuint

Alibaba Group Will Announce December Quarter 2016 Results on January 24, 2017

HANGZHOU, China–(BUSINESS WIRE)–Alibaba Group Holding Limited (NYSE: BABA) today announced that it will report its unaudited financial results for the quarter ended December 31, 2016 before the U.S. market opens on Tuesday, January 24, 2017, …

Business Wire (press release)

Most Active Volume Stock: Alibaba Group Holding Limited (NYSE:BABA)

More notable recent Alibaba Group Holding Ltd (NYSE:BABA) news were published by: Profitconfidential.com which released: “Alibaba Group Holding Ltd: BABA Stock Is a 2017 Top Pick” on January 09, 2017, also Investorplace.com with their article: “Protect …

MMA Ring Report

Profit From the Return of Alibaba Group Holding Ltd (BABA) Stock Bulls

After a long winter’s nap, Alibaba Group Holding Ltd (NYSE:BABA) shares have finally awoken. Perhaps the New Year’s Eve fireworks are to blame. Or maybe the growing throng of equity bulls were simply becoming a bit too rowdy. Regardless, BABA stock is …

Investorplace.com

Alibaba Hopes To Makes It Big Offline With $2.6B Intime Deal

Alibaba has already made a strong place for itself in the e-commerce industry, and it is now aiming to deepen its integration with brick-and-mortar stores. The Chinese e-commerce giant is leading an effort to take department store chain Intime Retail

ValueWalk

Alibaba leads $2.6 billion bid for Chinese retailer Intime

HONG KONG China’s Alibaba Group Holding Ltd (BABA.N) is leading a $2.6 billion bid to privatize Intime Retail Group Co Ltd (1833.HK) in a move to digitize brick-and-mortar department stores while growth in online sales begins to slow. Alibaba

Reuters

Why Alibaba Group Holding Ltd (BABA) Stock Is a Survivor

Whether it’s good news or bad news for Alibaba Group Holding Ltd (NYSE: BABA ) shareholders remains to be seen, but the e-commerce giant is finally starting to crack down on the counterfeit merchandise that’s a little too easy to buy (usually

Nasdaq

Alibaba to buy China mall operator, Intime, in $2.6 billion deal

SHANGHAI: Chinese e-commerce titan Alibaba will take control of domestic department store Intime through a $2.6-billion privatisation scheme, the companies said on Tuesday, sending shares of the mall operator surging. Alibaba, and Intime founder Shen …

Economic Times

Alibaba Group Holding Ltd (NYSE:BABA): Cloud Computing, a Prospect Undermined!

Chinese retailer Alibaba Group Holding Ltd (NYSE:BABA) is known for massive investments made into sectors outside e-commerce. However, the fact remains that these avenues have not yet turned into profits, though the prospects are promising. Areas such …

Smаrt Stоck Nеws

Alibaba offering to privatize Intime Retail

Alibaba is offering to buy Intime Retail, a department store chain, for 2.55 billion U.S. dollars. Alibaba Investment, a wholly-owned subsidiary of Alibaba Group, announced Tuesday that it, in partnership with Intime’s founder Shen Guojun, has asked

ecns

Small businesses feel great, dealmaking on a tear and World Cup growth

Wall Street seems to be stuck in wait-and-see mode. Stocks started the day slightly higher with the Nasdaq leading the advance. Investors digesting news that small business optimism in December soared by the most on a month-over-month basis since 1980, …

Yahoo Finance

Alibaba takes big step offline with S$3.7b Intime deal

HANGZHOU — Alibaba Group Holding is leading a bid to take department store chain Intime Retail Group private for as much as HK$19.8 billion (S$3.7 billion), as China’s largest online retailer deepens its integration with brick-and-mortar stores in

TODAYonline

Alibaba Partners with Intime Founder to Privatize Intime

Alibaba Group Holding Limited (BABA – Free Report) has tied up with Intime Retail Group Co Ltd founder, Shen Guojun, in a 2.6-billion bid to privatize Intime. For the last one year, the stock has outperformed the Zacks Internet Commerce industry.

Zacks.com

Alibaba Group Holding Ltd: BABA Stock Is a 2017 Top Pick

Little time has passed since my last article that was published on December 30, 2016, but a lot has happened with regards to the Alibaba Group Holding Ltd (NYSE:BABA) stock price. The critical situation on the BABA stock chart that I outlined in that

Profit Confidential

Where is Alibaba Group Holding Ltd(NYSE: BABA) heading

Alibaba Group Holding Ltd(NYSE:BABA) gets 83% of its revenue from e-commerce within China, and is looking for the global expansion to reduce its dependence on the Chinese economy. The growth of the online business has begun to slow and BABA has …

FX Daily Report