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 ...

Freshippo, Alibaba Group Holding's grocery chain known as Hema in its home market, was profitable for nine straight months in 2024, the unit's chief executive Yan Xiaolei said in an internal letter on ...

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 ...

SHANGHAI, CHINA – Media OutReach Newswire – 6 June 2024 – Freshippo’s private-label products have recently made their debut at 99 Ranch Market, the largest Chinese supermarket chain in the United ...

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 ...

Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook Alibaba’s grocery chain Freshippo plans to increase the number of Freshippo Outlets discount ...

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 has opened 12 new Freshippo supermarkets in eight Chinese cities, including Beijing, Shanghai and Guangzhou. Earlier in June, Freshippo executives met with Australian brand leaders about ...

Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook Freshippo, the grocery subsidiary of Alibaba, unveiled its largest wholly-automatic supply chain ...

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 ...

SHANGHAI, March 23 (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 ...