Chinese e-commerce major Alibaba Group has agreed to divest its interest in the Sun Art Retail Group, a hypermarket operator, ...

Alibaba Group has agreed to sell its shares in a Chinese hypermarket operator in a $1.7 billion deal, the latest divestment as part of the company’s efforts to focus on its core e-commerce business.

LuLu Qatar Hypermarket has announced the resounding success of its fifth annual 'Shop and Donate' campaign, underscoring its ...

The deal between Alibaba and Chinese private-equity firm DCP Capital was reached on the last day of 2024, involving the disposal of the Hangzhou-based company’s interest in Sun Art at HK$1.75 ...

Alibaba Group (NYSE:BABA) will sell its majority stake in hypermarket chain Sun Art Retail ... are currently intended to be used by our company for business developments, shareholder returns ...

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 ...

a hypermarket operator, to Paragon Shine for K$12.29bn ($1.58bn). The buyer is an exempt company incorporated in the Cayman Islands with limited liability. It is 100% indirectly owned by DCP ...