NewsHema NB doubles stores in six months to gain ground in China’s fragmented grocery marketAlibaba is leaning on Hema NB to anchor its discount retail push. 4 mins read
After years of trying to do everything, Freshippo is finding success by doing less—and doing it better. NewsAlibaba’s Freshippo turns its first annual profit, sets sights on 100 new stores3 mins read
Whether Alibaba sells those businesses or not, it’s growingly evident that the Chinese tech giant is shifting its focus from new retail back to e-commerce. InsightsAlibaba considers divesting from Intime, Freshippo, and RT-Mart to refocus on e-commerce4 mins read
The Chinese tech giant’s January-March revenue misses analyst bets with a 2% growth. NewsAlibaba eyes full Cloud spinoff and IPOs for Cainiao and Freshippo3 mins read
A move to go beyond its own app and stores. NewsAlibaba’s grocery retail chain Freshippo joins Ele.me to expand services1 min read
NewsDeals in brief: Carro and Dat Bike raise funding, Terra Oleo debuts with seed round, six new China deals, and more