Alibaba Group did successfully acquire Intime Retail Group. The acquisition dates back to 2014, when Alibaba announced that it would participate in the privatization of Intime Retail with an investment of approximately HK$5.37 billion and became its second largest shareholder. Since then, Alibaba has continued to increase its stake in Intime and fully privatized Intime Retail in 2017.

This acquisition is one of Alibaba's important strategic layouts in the physical retail sector, aiming to integrate online and offline resources and promote the development of new retail models. By acquiring Intime Retail, Alibaba has been able to expand its influence in retail formats such as department stores and shopping malls, and further achieve online and offline integration to enhance consumers' shopping experience.

Please note that specific acquisition details and subsequent developments may change over time. It is recommended to consult the latest news reports or official announcements to obtain the most accurate information.