Hosted on MSN17d
Alibaba Sells Sun Art Stake to DCP Capital for $1.6 Billion, Shifting Focus Back to Online Commerce
Alibaba Group Holding Ltd. has agreed to sell its over 70% stake in Sun Art Retail Group Ltd. to private equity firm DCP ...
The Independent Singapore17d
Alibaba to sell shares in Sun Art Retail to DCP Capital at huge discount to focus on core online business
Alibaba Group Holding Ltd. has agreed to sell its more than 70% stake in Sun Art Retail Group Ltd. to private equity firm DCP ...
Alibaba: Shedding Sun Art To Illuminate E-Commerce
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. Read why I'm bearish on BABA stock.
Wall Street Journal18d
Alibaba to Sell Stake in Chinese Hypermarket Operator
The company will sell its entire 78.7% stake in Hong Kong-listed Sun Art Retail Group to Chinese private-equity firm DCP Capital Partners for gross proceeds of up to $1.6 billion, Alibaba said ...
Business Insider18d
Alibaba Sells Majority Stake In Sun Art Retail To DCP Capital For $1.58 Bln
(RTTNews) - Alibaba Group Holding Ltd (BABA) agreed to sell its majority stake in Sun Art Retail Group to Chinese private equity firm DCP Capital for approximately $1.58 billion. This amount is ...
Reuters19d
China's Alibaba to sell Sun Art stake to DCP for $1.6 billion
China's Alibaba Group Holding Ltd (9988.HK), opens new tab said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group to Chinese private equity firm DCP ...