corporate restructuring Archives

Alibaba sells stake in e-commerce branding services firm Baozun for US$21.8 million as part of corporate restructuring

Alibaba sells stake in e-commerce branding services firm Baozun for US.8 million as part of corporate restructuring

Hangzhou-based Alibaba, owner of the South China Morning Post, on Thursday signed a deal to sell 26.5 million Baozun shares to Champion Kerry for US$21.8 million, according to Baozun’s latest …

Jack Ma-backed fishery-and-agriculture company 1.8 Meters starts sale of seafood products via Alibaba’s Freshippo and Tmall

by Anas Siddiqui

Dozens of orders had been placed for those two seafood products on Tmall as of Tuesday noon, which could be viewed by some as a lukewarm performance on the platform. …