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Alibaba dials back designer toy ambitions, shuts Koitake to sharpen focus

Koitake, the IP-driven toy unit under Alibaba’s Hujing business, has been phased out as the tech giant shifts its attention to higher-margin verticals.

3 mins read
  • Investor diversification away from greenback assets is a fresh factor behind the strength.

    Insights

    Asia’s dollar hedging seen boosting regional currencies

    4 mins read

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