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 grocery unit Freshippo expanded its number of physical stores in China, the company said on Friday. Groceries have become a battleground between China's two biggest e-commerce firms: Alibaba ...
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 Group Holding Ltd (NYSE:BABA) has decided to put the initial public offerings (IPOs) of its logistics arm Cainiao Smart Logistics and brick-and-mortar chain Freshippo on hold due to ...
Alibaba’s supermarket chain Freshippo has suspended new membership subscriptions since Dec. 13, according to local media outlet Yicai, which quoted a Freshippo source. The move comes two months after ...
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 ...
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/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 ...
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