Alibaba, with nearly 200000 employees and a total market value of nearly HKD 1.6 trillion, has been continuously slimming down in recent years. The latest announcement was on December 17th, when Alibaba announced that it had agreed with another minority shareholder to sell 100% of Intime's equity to a consortium of buyers consisting of members of the Yagor Group and Intime's management team. It is reported that Alibaba currently holds approximately 99% of Intime's equity.