Alibaba has divested its entire stake in hypermarket operator Sun Art for $1.58 billion to Chinese private-equity company DCP ...
The stake was intended to integrate Alibaba’s digital capabilities with Sun Art’s hypermarkets. Alibaba Group has announced ...
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Alibaba Group Holding Ltd. agreed to sell its shares in Sun Art Retail Group Ltd. to private equity firm DCP Capital, ...
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 agreed to sell its entire stake in Sun Art Retail Group, China’s largest hypermarket operator, for ...
Alibaba Group (NYSE:BABA) will sell its majority stake in hypermarket chain Sun Art Retail Group (OTCPK:SURRY) (OTCPK:SURRF) ...
Alibaba said late Wednesday it would sell its entire stake in Sun Art to Chinese private-equity firm DCP Capital Partners for up to the equivalent of $1.58 billion. An Alibaba-affiliated company, New ...
China’s Alibaba Group Holding Ltd said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art ...
Alibaba Group Holding Limited announced the disposal of its shares in Sun Art Retail Group, a move that involves selling approximately 73.66% of Sun Art shares held through its subsidiaries.
Alibaba to sell stake in China's hypermarket chain Sun Art. Brand prescription drugs to rise an average 4.5% in 2025. Cybertruck blast driver identified; link to New Orleans attacker growing ...
For Freedoms’ billboards could surprise, comfort or confuse. Now the group is asking, Where do we go from here?