Alibaba is reportedly planning to sell its shares in Intime Retail Group to Youngor, according to insiders. This transaction will not involve any public announcement from Youngor, as it does not affect listed company assets. Further details of the deal will be based on Alibaba's official announcements.
Currently, Alibaba is focusing on two major strategic priorities: putting users first and driving growth through AI. The company is restructuring its business strategies around these key areas to redefine its business priorities.
