Reuters

Alibaba goes offline with $2.9 billion stake in China's top grocer

Alibaba goes offline with $2.9 billion stake in China's top grocer

  • November 20, 2017
  • min read

Reuters

Alibaba goes offline with $2.9 billion stake in China's top grocer

“They’re getting into a territory that’s not their core strength ... for example securing a property, the licenses to sell certain products, paying tax, more labor and so on,” said Weiwen Han, a partner with Bain & Company.