SHANGHAI -- Alibaba Group Holding, China's largest e-commerce company, is pulling away from its forays into offline retailing, shedding noncore investments as it pivots from expansion to focus on capital efficiency.
Retail
Alibaba pares brick-and-mortar retailing with eye on efficiency
Chinese giant sharpens focus on core e-commerce business as stock slumps
Alibaba Group Holding is reportedly looking to sell department store operator Intime Retail. (Photo by Tomoko Wakasugi)
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