Let's get physical! Alibaba buys Intime

Jack Ma is set to spend $2.6 billion to take Intime Retail Group private, moving to boost Alibaba’s physical presence as part of its online-to-offline strategy.

Alibaba is the world’s largest online marketplace. But the company’s founder Jack Ma, no longer content with dominating e-commerce, has been making efforts to bolster the physical presence of his company.

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