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Alibaba Has So Far No Plan to Sell Hema
Recommend 21 Positive 42 Negative 19 |
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BABA-W (09988.HK)(BABA.US) senior executives made it clear at a financial report briefing that so far there have been no plans to sell Hama. Hema has had promising growth with steady expansion, and also achieved decent profit overall, which is the success of the digital new retail strategy of integrating offline and online. Alibaba will be more open-minded, considering different options including the introduction of strategic investors, to allow the value of Hema’s business to be reflected in the valuation of the Alibaba Group as a whole. AAStocks Financial News |
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