Home » Alibaba sells Intime department stores and loses US$1.3 billion Alibaba sells Intime department stores and loses US$1.3 billion Through Morgane Monteiro. Published on 03 January 2025 à 10h43 - Update on 24 July 2025 à 10h39 Resources On December 16, Alibaba Group (Q3 2024 sales: US$33.7 billion, up 5%) announced the sale of the department store subsidiary Intime,… Morgane Monteiro Alibabadepartment storese-commercefinancial resultsFinancing and expansionJD.comTemutikTok Read more [E-commerce Barometer 2024] In fashion and home-electrical goods, e-commerce stabilises at 40% in mature countries In one year, 50% of UK TikTok users have bought on TikTok Shop Temu leads growth in Q3, far ahead of Alibaba and JD.com Contactless services and customer value. Lessons from a Chinese boss
