An Intime Lotte department store in downtown Beijing. Alibaba led a US$2.6 billion bid to privatise department store operator Intime Retail Group in January last year. Photo: Reuters

Chinese retailers are eschewing the 2018 IPO boom to go private. Here’s why

Analysts expect a wave of buyouts and privatisations in China’s fast-changing retail market as booming online sales hit traditional vendors

Topic |   IPO

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An Intime Lotte department store in downtown Beijing. Alibaba led a US$2.6 billion bid to privatise department store operator Intime Retail Group in January last year. Photo: Reuters
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