News

Hema Malini reflects on her Sholay memories – from shooting in the summer heat to the beginning of her romance with ...
As 'Sholay' is all set to complete fifty years, Hema Malini recalled her love brewing on the sets of the film with Dharmendra ...
Chinese retailers are increasingly finding ways to skirt U.S. tariffs—by undervaluing goods, misclassifying products, or ...
Alibaba’s Hema plans to open 100 new stores this fiscal year, bringing its total to over 500. Addressing closure rumors, the company said shutdowns of its X membership stores affected less than 2% of ...
FOR years, a job at one of China’s technology behemoths was a golden ticket for the country’s ambitious youth. Now, a wave of ...
Alibaba had been quietly closing Hema X locations over the year, backpedaling an ambitious expansion that launched around 2020. The final Shanghai store will close on August 31, following three ...
Alibaba Group Holding is set to phase out its remaining Costco-style Hema X store, signaling a pullback from China’s ...
Alibaba (NYSE:BABA) is getting ready to close its last Hema X outlets by Aug 31, marking a pullback from the members-only ...
Alibaba Group's grocery retail arm Hema, also known as Freshippo, has officially exited the membership store business, ...
Alibaba's Hema will close its final X membership store in Shanghai on August 31, ending its foray into the warehouse club model launched in 2020. The move reflects a companywide pivot toward core ...
On the heels of Costco's success, in 2020, Alibaba Group Holding Ltd. launched its line of Hema X stores to mimic the Costco ...
Alibaba Group is set to close its remaining Costco-like Hema X stores, marking a strategic shift amid intense competition in the Chinese retail market.