China is one of the most populous countries in the world, surpassed only by India. By the end of 2023, China boasted a population of about 1.4 billion people. Although this marked the country's second ...
[Photo/Agencies] Alibaba Group Holding Ltd said on Wednesday night that it will sell all of its shares in hypermarket operator Sun Art Retail Group Ltd to private equity firm DCP Capital for HK$13.13 ...
France-based investment firm Ardian has raised US$30 billion for its latest secondaries platform, with Asia-based investors ...
Fortune favors the bold, so get boldly out to nightlife and arts events near you. For museums, theater and even more, check ...
With earnings multiples for top growth stocks starting to look frothy, 2025 might be the year to start adding more value ...
The stake was intended to integrate Alibaba’s digital capabilities with Sun Art’s hypermarkets. Alibaba Group has announced ...
One of China’s largest hypermarket chains, Sun Art’s RT-Mart embarks on a new chapter under DCP Capital’s ownership. On January 1, Chinese internet giant Alibaba Group announced through the Hong Kong ...
Janis told The Sun: “We’re going to have a big bon-voyage ... of the duo scouring online shopping sites such as eBay and Alibaba. They bagged themselves countless bargains and soon managed ...
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. The sale is positive as Sun Art faces a competitive offline retail ...
Onodera Group, a food service company operating high-quality sushi, tempura, teppanyaki, and makiyaki restaurants across three regions, purch ...
Alibaba’s statement on the Sun Art sale described it as “a good opportunity” to monetize non-core assets. With Alibaba more closely integrating its e-commerce operations and looking to raise ...
Alibaba’s statement on the Sun Art sale described it as “a good opportunity” to monetize non-core assets. With Alibaba more closely integrating its e-commerce operations and looking to raise capital, ...