Alibaba struggles with competition and a weakening yuan. See why BABA stock is fairly valued with no upside, making it a ...

Alibaba Group has agreed to sell its shares in Sun Art Retail in a $1.7 billion deal, the latest divestment as part of ...

Alibaba Group (NYSE:BABA) will sell its majority stake in hypermarket chain Sun Art Retail Group (OTCPK:SURRY) (OTCPK:SURRF) ...

AI, one of China’s leading AI unicorn startups, has been rumored to be disbanded, with its pre-training and card teams ...

Alibaba stock price has remained on edge in the past few days as investors waited for the next actions from the incoming ...

To neutralize drones, federal authorities depend on jamming their control signals. Now countermeasures developed in the ...

Alibaba will incur about $3 billion of losses from the disposal of non-core retail assets including Sun Art, we calculate. The sale of the grocer at a 0.6x price-to-net asset valuation trails ...

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 Holding Ltd. agreed to sell its shares in Sun Art Retail Group Ltd. to private equity firm DCP Capital, unloading another high-profile physical commerce asset at a discount to focus ...

"Alibaba to sell majority stake in Sun Art hypermarkets for $1.58bn " was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has ...

BEIJING, Jan 1 (Reuters) - China's Alibaba Group Holding Ltd (9988.HK), opens new tab said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group to ...