Alibaba Group Holding agreed to sell its entire stake in Sun Art Retail Group, China’s largest hypermarket operator, for ...

The stake was intended to integrate Alibaba’s digital capabilities with Sun Art’s hypermarkets. Alibaba Group has announced ...

A girl stands in front of the Alibaba Group Holding Ltd headquarters in Hangzhou, Zhejiang province. [Photo/Agencies] Alibaba ...

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

Alibaba’s share price [HKG:9988] was trading down 0.5 percent at HKD81.95 (USD10.50) as of 12 p.m. today, while Sun Art’s ...

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Alibaba Group (NYSE:BABA) will sell its majority stake in hypermarket chain Sun Art Retail Group (OTCPK:SURRY) (OTCPK:SURRF) ...

Customers shop inside an RT-Mart hypermarket operated by Sun Art Retail Group. Alibaba Group Holding has agreed to sell its controlling stake in Chinese hypermarket operator Sun Art for up to HK$ ...

Alibaba sold its 73.66% stake in Sun Art to DCP Capital for US$1.6bn, reflecting a shift away from its New Retail strategy. The sale is positive as Sun Art faces a competitive offline retail ...

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

[Photo/Agencies] Alibaba Group Holding Ltd said on Wednesday night that it will sell all of its shares in hypermarket operator Sun Art Retail Group Ltd to private equity firm DCP Capital for HK$13 ...