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Alibaba’s supermarket chain Freshippo said to pursue HK IPO

Alibaba’s supermarket chain Freshippo said to pursue HK IPO

Photographer: Justin Chin/Bloomberg

Freshippo, the supermarket chain owned by e-commerce giant Alibaba, is reportedly making preparations for an initial public offering (IPO) in Hong Kong, according to sources cited in a Bloomberg report.

Edited by: Joymitra Rai