The deal between Alibaba and Chinese private-equity firm DCP Capital was reached on the last day of 2024, involving the ...

China’s e-commerce pioneer expects gross proceeds of up to HK$12.3 billion (US$1.6 billion or $2.15 billion) from selling its ...

The United States no longer remains one of the top five crude oil suppliers to India as African nation Angola nudged ahead of ...

Alibaba Group Holding agreed to sell its entire stake in Sun Art Retail Group, China's largest hypermarket operator, for HK$13.1 billion (US$1.7 billion), as the e-commerce giant scales back its ...

Alibaba Group Holding Ltd has agreed to sell its shares in Sun Art Retail Group Ltd to private equity firm DCP Capital, ...

The nearly 130,000 increase in staff primarily came from consolidating the operations of Sun Art Retail Group, China's largest hypermarket operator, which Alibaba took control of in a US$3.6 ...

That’s significantly less than the US$3.6 billion Alibaba paid just to double its stake in Sun Art in 2020. Sun Art is today worth around US$3 billion overall, despite growing its market value more ...

Auto industry executives and analysts have lamented wide swings in federal policies that come every four to eight years, arguing that more moderate changes to emissions standards and electric vehicle ...

Alibaba Group Holding agreed to sell its entire stake in Sun Art Retail Group, China's largest hypermarket operator, for HK$13.1 billion (US$1.7 billion), as the e-commerce giant scales back its ...

If you are choosing Lingerie manufacturers in the USA, it gives you many benefits. In today’s time, there are many lingerie suppliers and private label intimate apparel manufacturers who are ...

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 to focus on its core online ...