Alibaba Group Holding Ltd. ADR closed 24.34% short of its 52-week high of $117.82, which the company reached on October 7th.

Chinese e-commerce major Alibaba Group has agreed to divest its interest in the Sun Art Retail Group, a hypermarket operator, to Paragon Shine for K$12.29bn ($1.58bn). The buyer is an exempt company ...

The 78.7% share represents holdings held by Alibaba subsidiaries, according to a filing to the Hong Kong Stock Exchange. Alibaba paid $3.6 billion for a controlling stake in Sun Art in 2020 in the ...

This was the ADR's third consecutive day of gains.

The 78.70% share represents holdings held by Alibaba subsidiaries. Sun Art Retail confirmed that on December 31, 2024, Offeror entered into a sales and purchase agreement with the Sellers for the ...

Alibaba will relinquish all equity interests in Sun Art, which will subsequently be excluded from Alibaba's consolidated subsidiaries. The capital generated from this sale is earmarked for ...