Freshippo

Report: Alibaba Gauges Potential Buyers’ Interest in Brick-and-Mortar Businesses
Report: Alibaba Gauges Potential Buyers’ Interest in Brick-and-Mortar Businesses
February 02, 2024  |  Retail

Chinese tech giant Alibaba Group is reportedly considering selling several of its brick-and-mortar businesses, including grocery business Freshippo, retailer RT-Mart and shopping mall operator Intime....

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Alibaba Cloud CEO Daniel Zhang Steps Down
Alibaba Cloud CEO Daniel Zhang Steps Down
September 10, 2023  |  eCommerce

China’s Alibaba Group says the head of its cloud unit — and ex-CEO — will resign. A report Sunday (Sept. 10) by Reuters notes that...

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Report: Alibaba Delays Freshippo IPO Due to Weak Demand
Report: Alibaba Delays Freshippo IPO Due to Weak Demand
September 08, 2023  |  IPO

Alibaba Group Holding has reportedly decided to delay the potential initial public offering (IPO) of its grocery chain, Freshippo, in Hong Kong due to weak sentiment for...

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Today in Food Commerce: Alibaba Mulls Freshippo Fundraise; Restaurants Reformat for Off-Premise
Today in Food Commerce: Alibaba Mulls Freshippo Fundraise; Restaurants Reformat for Off-Premise
January 14, 2022  |  ResTech

Today in food commerce, Alibaba mulls a fundraise for its Freshippo grocery chain in China, valued at $10 billion, while retail giants race to overcome...

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Alibaba Weighs Fundraise for Its Freshippo Supermarkets at $10B Valuation
Alibaba Weighs Fundraise for Its Freshippo Supermarkets at $10B Valuation
January 14, 2022  |  Investments

Alibaba is weighing a fundraise for its Freshippo grocery chain in China that has an estimated valuation of $10 billion, Bloomberg reported on Friday (Jan....

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