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BABA-W's Taobao Said to Open 1st Furniture Showroom in HK
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BABA-W (09988.HK)(BABA.US)'s e-commerce platform Taobao will rent 40,000 sq.ft. of retail space in the China Hong Kong City shopping mall in Tsim Sha Tsui, Hong Kong, to open the city's first large-scale furniture showroom, providing one-stop services, according to local media reports. The store is reportedly expected to commence business at the end of 2024, with a monthly rent of about $500,000. AAStocks Financial News |
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