Post Profile

Alibaba broadens offline reach with $865 million Easyhome stake

Alibaba Group Holding will pay about 5.45 billion yuan ($866 million) for a 15 percent stake in China's Easyhome, a home improvement chain, as the internet giant expands its investments in offline and retail businesses. The investment underscores the company's retail strategy, aimed at leveraging offline and online activities, Alibaba said in a statement.
read more


Related Posts Invests $700 Million In Chinese Supermarket Chain Yonghui

Technology : Forbes: Tech, China’s second-largest e-commerce site, has agreed to invest 4.3 billion yuan ($700 million) for a 10% stake in Chinese supermarket chain Yonghui Superstores, it said today. Fuzhou-based Yonghui, which had 36.7 billion yuan(...

Alibaba to Invest $200 Million in China Business News

Technology : Tech -

China’s biggest e-commerce company Alibaba Group Holding Ltd. is to announce that it will invest about $200 million for a 30% stake in China Business News, a financial TV and newspaper company.

Alibaba plunks down $692M to push into offline retail

Technology : Venture Beat

E-commerce giant Alibaba is perilously close to hacking off the “e” off of ”e-commerce.” Alibaba Group, one of the largest online retail operations in the world, has decided to invest $692 million in Chinese department store chain I...

Pepsi is investing in a $1 billion part of its business to avoid the retail apocalypse that wrecked Sears and Macy's (PEP)

Business & Finance : Business Insider: Clusterstock

PepsiCo announced Tuesday it is reinvesting some of the millions of dollars it is saving under the new GOP tax plan in e-commerce. E-commerce already accounts for roughly $1 billion in Pepsi's annual retail sales. Analysts have said...

Alibaba Invests $4.6 Billion For Almost 20% Stake In Suning

Technology : Forbes: Tech

China’s Alibaba Group Holding will invest 28.3 billion yuan ($4.63 billion) for a 19.99% stake in Chinese electronics retailer Suning Commerce Group, as the two companies seek to integrate online and offline retail. The deal will ma...


Copyright © 2016 Regator, LLC