Alibaba Group Holding Ltd. has agreed to sell its more than 70% stake in Sun Art Retail Group Ltd. to private equity firm DCP ...

Alibaba Group Holding has agreed to sell its controlling stake in Chinese ... announcement of the sale of the Intime department store chain. “The disposals align with its strategies to focus ...

have forced Alibaba back to its roots as an online commerce platform ... Just last month, Alibaba agreed to sell its Intime department store business to Youngor Fashion Co. for around $1 billion ...

Under new chief Eddie Wu, Alibaba is focusing investment on areas it considers more promising, from the cloud to online marketplaces ... Alibaba agreed to sell its Intime department store business ...

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 ...