Could Buying Alibaba Stock Today Set You Up for Life?
Within e-commerce, Alibaba also owns two fast-growing cross-border platforms: AliExpress and Trendyol. Last quarter, this segment saw revenue jump 29% to $4.5 billion. Currently, the company is ...
Alibaba To Sell Chinese Hypermarket Operator As It Focuses On Core Business
Private equity firm DCP Capital has agreed to acquire Alibaba’s majority stake in Sun Art, which operates the RT-Mart chain and the Costco-like M-Club membership stores across China.