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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.

Shinsegae and Alibaba form joint venture to boost e-commerce competitiveness Retail titans join forces to enhance online ...

South Korea’s retail giant Shinsegae Group is set to establish a joint venture with China’s Alibaba International this year, ...

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

Alibaba Group plans to sell its more than 70% stake in Sun Art, operator of RT-Mart and M-Club stores in China, for $1.6 ...

JD.com is a leading e-Commerce company in China, poised to benefit from Beijing’s stimulus package aimed at boosting consumer ...

AliExpress, an international online retail marketplace under Alibaba International Digital Commerce Group, today announced it is welcoming U.S.-based retailers to the platform through its ...

Alibaba Group Holding Limited has announced the sale of its shares in Sun Art for $1.6 billion (€1.5 billion).

We look at the latest acquisition by an integrated agri-business and provide the latest updates on the Singapore Post saga.

This venture is expected to launch next year. Interestingly, while the two companies are joining forces, AliExpress Korea and Gmarket will still operate separately. According to E-Mart's parent ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...