China’s Alibaba Group says the head of its cloud unit — and ex-CEO — will resign. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Alibaba Group Holding has reportedly decided to delay the potential initial public offering (IPO) of its grocery chain, Freshippo, in Hong Kong due to weak sentiment for consumer stocks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Today in food commerce, Alibaba mulls a fundraise for its Freshippo grocery chain in China, valued at $10 billion, while retail giants race to overcome grocery shortages. Plus, there’s a look at how frictionless concessions can ease event-goers’ main point of friction. Get the Full...
Alibaba is weighing a fundraise for its Freshippo grocery chain in China that has an estimated valuation of $10 billion, Bloomberg reported on Friday (Jan. 14), citing unnamed sources familiar with the plans. Get the Full Story Complete the form to unlock this article and...
February 02, 2024
Chinese tech giant Alibaba Group is reportedly considering selling several of its brick-and-mortar businesses, including grocery business Freshippo, retailer RT-Mart and shopping mall operator Intime. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, […]
September 10, 2023
China’s Alibaba Group says the head of its cloud unit — and ex-CEO — will resign. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
September 08, 2023
Alibaba Group Holding has reportedly decided to delay the potential initial public offering (IPO) of its grocery chain, Freshippo, in Hong Kong due to weak sentiment for consumer stocks. Get the Full...
January 14, 2022
Alibaba is weighing a fundraise for its Freshippo grocery chain in China that has an estimated valuation of $10 billion, Bloomberg reported on Friday (Jan. 14), citing unnamed sources familiar...
