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Alibaba to sell stake in Sun Art Retail

Alibaba Stock In Focus After Sun Art Retail Divestment: Retail’s Neutral

ADR shares of Alibaba Group Holding ($BABA) rose 0.78% Tuesday after the Chinese retail giant said it was selling its 78.7% stake in Chinese hypermarket operator Sun Art Retail for $1.7 billion. The move is part of the company’s strategy to reduce its physical retail footprint and focus on e-commerce business,

Seeking Alpha on MSN · 10h

Alibaba to sell stake in China's hypermarket chain Sun Art for $1.58B

Alibaba Group (BABA) will sell its majority stake in hypermarket chain Sun Art Retail Group (SURRY) (SURRF) to private equity firm DCP Capital for approximately $1.58 billion.

Benzinga.com · 10h

Alibaba Sells $1.58 Billion Stake In Sun Art Retail, Refocusing On Core E-Commerce Strategy

Chinese e-commerce giant Alibaba announced plans to sell its 78.7% stake in hypermarket chain Sun Art Retail Group.

Alibaba Cloud slashes price of LLM assess

AOL · 48m

Alibaba Leverages Scale and Deep Pockets to Slash AI LLM Prices To Gain Market Share

Alibaba Group Holding (NYSE:BABA) slashed its large language model prices by up to 85%, exhibiting intense domestic rivalry in the AI space. Chinese companies remain engaged in a price war to win market share,

TechNode · 7h

Alibaba Cloud slashes price of LLM assess for third time since February 2024

Alibaba Cloud announced a price cut on use of its large language model, with access to the Tongyi Qianwen visual understanding model

SiliconANGLE · 1d

Alibaba Cloud announces aggressive LLM price cuts in bid to dominate China’s AI market

Alibaba Cloud said Tuesday that it’s slashing the price of access to its most advanced large language models by up to 85% in a bid to generate more interest from Chinese businesses. The move was announced via WeChat and first reported by the South China Morning Post.

bovnews1h

Macquarie Just Upgraded Alibaba Group Holding Ltd – ADR (BABA) Stock—What Does This Mean for Investors?

Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.16% of ...

Alibaba Announces $1.3 Billion Share Repurchase for Q4 2024

Alibaba ( (BABA) ) has shared an announcement.Don't Miss Our New Year's Offers:Discover the latest stocks recommended by top Wall Street ...

Forbes10h

Alibaba To Sell Chinese Hypermarket Operator As It Focuses On Core Business

Alibaba Group Holding has agreed to sell its controlling stake in ... which operates the RT-Mart chain and the ...

2don MSN

Is Alibaba Group Holding (BABA) the Best Low Volatility Stock to Buy Right Now?

We recently published a list of 8 Best Low Volatility Stocks To Buy Right Now. In this article, we are going to take a look ...

Business Insider11h

Alibaba Announces Sale of Sun Art Shares

Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks Make smarter investments with weekly expert stock picks from the Smart Investor ...

Yahoo Finance2d

Is Alibaba Group Holding Ltd. (BABA) the Best Stock for 10 Years?

We recently compiled a list of the Long-Term Stock Portfolio: Best Stocks for 10 Years. In this article, we are going to take a look at where Alibaba Group Holding Ltd. (NYSE:BABA) stands ...

Hosted on MSN1d

TipRanks’ All-Star Analyst – Who Is the Best on BABA Stock?

The TipRanks All-star Analyst of the Day title goes to analyst Rob Sanderson of Loop Capital Markets. Remarkably, Sanderson ...

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Alibaba to sell stake in Sun Art Retail

Alibaba Cloud slashes price of LLM assess

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