Alibaba sells its supermarket chain to an investment fund, resulting in a loss of 283 billion yen due to lack of synergies between e-commerce and real-world operations
Alibaba sells its supermarket chain to an investment fund, resulting in a loss of 283 billion yen due to lack of synergies between e-commerce and real-world operations
“If the potential buyer is an investment fund, they are likely to be looking at the value of Gao Xin’s real estate (rather than the value of its retail business).” A Chinese reporter once interviewed by Caixin…https://toyokeizai.net
*Automatic translation by Google Translate. Please check the link for accurate information.
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