Alibaba, the Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology, announced ...

Alibaba announces the sale of its 78.7% stake in Sun Art Retail, marking a key step in its strategic shift to refocus on ...

Alibaba sells its 78.7% stake in Sun Art Retail for $1.6 billion, focusing on core e-commerce amid rising competition.

Grab has acquired the operations of Nham24, a leading food delivery platform in Cambodia, following regulatory approval. This ...

Just last month, Alibaba agreed to sell its Intime department store business to Youngor Fashion for around US$1 billion, ...

Chinese e-commerce giant Alibaba announced plans to sell its 78.7% stake in hypermarket chain Sun Art Retail Group.

Alibaba has agreed to sell its entire stake in China’s largest hypermarket operator at a steep discount, as it sharpens its focus on core ecommerce operations amid intensifying competition.

Thomas Chong, a Hong Kong-based analyst at investment bank Jefferies, says Alibaba’s disposal had already been expected by ...

Alibaba’s share price [HKG:9988] was trading down 0.5 percent at HKD81.95 (USD10.50) as of 12 p.m. today, while Sun Art’s ...

Alibaba Group (BABA) will sell its majority stake in hypermarket chain Sun Art Retail Group (SURRY) (SURRF) to private equity ...

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 ...

ADR shares of Alibaba Group Holding ($BABA) rose 0.78% Tuesday after the Chinese retail giant said it was selling its 78.7% ...