SHANGHAI (Reuters) - As people in China retreated indoors in late January to avoid the coronavirus, Alibaba's supermarket chain Freshippo faced a dilemma: online orders for fruit were soaring but ...
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 ...
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’s grocery subsidiary Freshippo has undergone restructuring amid a price war in the new retail market in China, according to an August 25 report by Chinese news outlet 21CBH. The company has ...
Freshippo’s announcement of 12 new stores may represent an acceleration of shop openings in the run-up to its Hong Kong IPO The company’s focus on online orders delivers higher revenue-per-store than ...
Alibaba’s grocery chain Freshippo plans to increase the number of Freshippo Outlets discount stores from less than 10 stores to 100 in Shanghai by the year’s end. CEO Hou Yi said on Monday that ...
SHANGHAI/SHENZHEN (Reuters) - Alibaba-owned supermarket chain Freshippo said on Saturday it has shut 21 of its Shenzhen stores and was requiring all its employees in the city to undergo tests for the ...
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 ...
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 ...
NEW YORK - Beyond Meat Inc said on Tuesday that it will launch retail sales of its plant-based burger patties in mainland China through Alibaba Group Holding Ltd’s Freshippo markets. KFC, PIZZA HUT TO ...
SHANGHAI, March 23 (Reuters) - As people in China retreated indoors in late January to avoid the coronavirus, Alibaba's supermarket chain Freshippo faced a dilemma: online orders for fruit were ...
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