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General Growth Properties is now officially ‘GGP’
Though General Growth Properties has long been most commonly known as GGP in the retail industry, the big mall owner has now made it official. Effective Jan. 27, the big mall owner with 126 properties in 40 states, officially changes its name to GGP. Founded in 1954 to develop grocery-anchored strip centers, GGP evolved into one of the largest providers of A-level mall space. -
Alibaba throws hat into the Olympics sponsorship ring
What better place is there for global exposure than the Olympic Games? At least, that is what Alibaba is counting on now that it struck a deal to become a top sponsor of the Olympic Games through 2028. The sponsorship, which is worth $800 million, pits the brand among giants like Coca Cola Co. and Samsung Electronics Co., according to Bloomberg.

