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Chinese Tech Giant Courts Potential Buyers for Physical Outlets

Alibaba Group Holding Ltd. (NYSE: BABA) may be planning to sell some of its brick-and-mortar businesses, including Intime, RT-Mart and Freshippo. Intime is a shopping mall operator while RT-Mart is a retailer operating under the company. On the other hand, Freshippo operates as a grocery business.

This move comes as the Chinese tech giant places more focus on its e-commerce business model and may, in part, be fueled by…

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