In a good year for Alibaba it spent big on investments. Here’s this year’s top action.
SUN ART
Funding round: $2.9 billion
Country: China
Paying nearly $3 billion for a one-third stake, Alibaba invested in Sun Art Retail, which operates several well-known supermarket brands.
INTIME
Acquisition amount: $2.6 billion
Country: China
Alibaba made its first serious push into brick-and-mortar retail back in early 2014 when it ploughed nearly $700 million into department store and mall firm Intime.
TOKOPEDIA
Funding round: $1.1 billion
Country: Indonesia
In August, it doubled down on its 2016 Lazada acquisition
SUN ART
Funding round: $2.9 billion
Country: China
Paying nearly $3 billion for a one-third stake, Alibaba invested in Sun Art Retail, which operates several well-known supermarket brands.
INTIME
Acquisition amount: $2.6 billion
Country: China
Alibaba made its first serious push into brick-and-mortar retail back in early 2014 when it ploughed nearly $700 million into department store and mall firm Intime.
TOKOPEDIA
Funding round: $1.1 billion
Country: Indonesia
In August, it doubled down on its 2016 Lazada acquisition