Alibaba Group Invests HK$5.37 Billion in Intime Retail to Fuse Offline and Online Shopping
BEIJING, April 2, 2014 /PRNewswire/ -- Intime Retail (Group) Company Limited ("Intime Retail", 01833.HK) and Alibaba Group Holding Ltd. ("Alibaba Group") are pleased to announce that Alibaba Group will make HK$5.37 billion strategic investment in Intime Retail. The two giants will...