BEIJING, March 18 (Reuters) - Freshippo, the groceries arm of e-commerce giant Alibaba Group 9988.HK, has told its staff that its CEO Hou Yi will step down and retire and be replaced by the unit's ...

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Alibaba's supermarket chain Freshippo is seeking to raise funds at a valuation of about $6 billion, much lower than a hoped-for valuation of up to $10 billion earlier this year, three people familiar ...

Alibaba has opened 12 new Freshippo supermarkets in eight Chinese cities, including Beijing, Shanghai and Guangzhou. Earlier in June, Freshippo executives met with Australian brand leaders about ...

Alibaba appoints CFO Yan Xiaolei as Freshippo's new CEO, signaling major leadership shuffle. Partnership with Huawei to bring Alibaba's apps to HarmonyOS, challenging Android and iOS in China. Get the ...

SHANGHAI, China, Nov. 17, 2022 (GLOBE NEWSWIRE) -- TH International Limited, the exclusive operator of Tim Hortons coffee shops in China (Nasdaq: THCH) (“Tims China”), today announced a two-year ...

Alibaba Group Holding Ltd BABA has decided to delay the potential Hong Kong initial public offering (IPO) of its Freshippo grocery chain due to subdued investor sentiment in the consumer stocks sector ...

Freshippo, the grocery subsidiary of Alibaba, unveiled its largest wholly-automatic supply chain center in Shanghai on Monday, according to Alibaba-owned news portal Alizila. Located in Pudong ...

Alibaba has approved a full spin-off of its cloud arm, with the unit set to become an independent publicly listed company. Credit: Alibaba Cloud Every Wednesday and Friday, TechNode’s Briefing ...

Freshippo, the Alibaba Group Holding Ltd. grocery chain known for selling cooked lobsters and grouper freshly chosen from fish-tanks in the store, has started preparations for a Hong Kong initial ...