UGN Security Forums UGN Security: Underground News Technology [Reuters] Alibaba to invest $692 million in department store operator Intime Retail

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[Reuters] Alibaba to invest $692 million in department store operator Intime Retail #70838 03/30/14 06:00 PM
Joined: Jan 2007 Posts: 41,392 U UGN Security OP News Aggregator
OP UGN Security News Aggregator U Joined: Jan 2007 Posts: 41,392	HONG KONG (Reuters) - Intime Retail (Group) Co Ltd said Alibaba Group Holding Ltd would invest HK$5.37 billion ($692.25 million) in the Chinese department store operator and form a joint venture to develop online-to-offline (O2O) business. Source

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