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Tag: poised

Alibaba Group: Alibaba poised to launch record-breaking $13.4 billion Hong Kong share sale

HONG KONG (Reuters) – Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $13.4 billion as soon as Thursday, according to two sources with knowledge of the discussions. While Alibaba executives are preparing for a Thursday launch, sources said the timing could slip depending on …

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Study: Two retail channels poised for fastest store growth

Consumers’ increasing focus on price and speed bodes well for two types of brick-and-mortar chains. According to new data from retail analytics platform Edge by Ascential, discount and convenience stores in the U.S. are projected to grow faster than all other offline retail channels over the next five years.  Non-food discount, food discount and convenience stores …

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