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Alibaba dials back designer toy ambitions, shuts Koitake to sharpen focus

Koitake, the IP-driven toy unit under Alibaba’s Hujing business, has been phased out as the tech giant shifts its attention to higher-margin verticals.

3 mins read
  • Logging over 60 million orders during the 618 festival, Alibaba’s flash sale drive is reshaping its e-commerce playbook.

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    Alibaba hits quick commerce stride with Taobao and Ele.me

    3 mins read

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