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Aggregated China Business Blogs
Alibaba's Investment Improves Intime's Funding Position
Aggregated Source: China Money Network
The author is Fitch Ratings associate director Michelle Leong Alibaba Group's investment in Intime Retail (Group) Co. will strengthen Intime's capability to expand its online-to-offline (O2O) business, while providing long-term funding source for the company's on-going expansion needs. Intime's outlook remains negative, reflecting the company's high leverage following a period of high capital expenditure. The […]

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