Alibaba Group Holding has agreed to sell its controlling stake in Chinese hypermarket operator Sun Art for up to HK$12.3 billion ($1.6 billion), as the e-commerce company continues to dispose non ...

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 ...

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 ...

Here's what you need to know if you're considering selling these items on consignment—that is, if you're enlisting a third person between you and your buyer. Consignment sales are a way for ...

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 ...

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 ...

Alibaba Group Holding Ltd., one of China's leading e-commerce giants, announced its agreement to sell a majority stake in Sun Art Retail Group to private equity firm DCP Capital for HK$12.298 billion ...

Alibaba Group Holding Ltd. has agreed to sell its more than 70% stake in Sun Art Retail Group Ltd. to private equity firm DCP Capital for up to HK$12.3 billion (S$2.16 billion) to focus on its ...