Alibaba Group Holding Ltd. has agreed to sell its more than 70% stake in Sun Art Retail Group Ltd. to private equity firm DCP ...

After disposing of Sun Art and Intime, an ‘asset-light’ Alibaba is expected to be in a better position to compete against ...

Alibaba Group Holding Ltd has agreed to sell its shares in Sun Art Retail Group Ltd to private equity firm DCP Capital, ...

Alibaba Group plans to sell its more than 70% stake in Sun Art, operator of RT-Mart and M-Club stores in China, for $1.6 ...

The 79% stake being sold is held by Alibaba subsidiaries, according to a filing with the Hong Kong Stock Exchange. According ...

Grab has acquired the operations of Nham24, a leading food delivery platform in Cambodia, following regulatory approval. This ...

Hangzhou-based Alibaba, a leading player in China’s vast e-commerce sector, has faced stiffer competition in recent years as ...

Alibaba to sell stake in China's hypermarket chain Sun Art. Brand prescription drugs to rise an average 4.5% in 2025.

Alibaba, the Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology, announced ...

Alibaba announces the sale of its 78.7% stake in Sun Art Retail, marking a key step in its strategic shift to refocus on ...

Last December, Alibaba sold its Intime department store, which has been in deficit, to Chinese clothing manufacturer Youngor ...

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