ALBAWABA – Alibaba, the Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology, announced selling Intime Department Store, a chain of department stores with stores in Beijing, Zhejiang, Hubei, Sichuan, Shaanxi, and Anhui, for $1 billion. Alibaba sells Intime department store The Chinese Alibaba group announced the sale of its Intime department store chain, as the company is aiming to shift away from retail industry and business. Alibaba ...