Alibaba sells its 78.7% stake in Sun Art Retail for $1.6 billion, focusing on core e-commerce amid rising competition.
No different than sites like Temu and Shein, Alibaba, while affordable to consumers, has a shady side you should be wary of ...
Alibaba and E-mart will combine the assets of their separate e-commerce platforms, AliExpress Korea and Gmarket, to form a 50 ...
The JV will work with Alibaba to expand Gmarket, an online shopping platform of billionaire Chung Yong-jin’s Shinsegae.
"Alibaba to divest retail store chain Intime for $1bn " was originally created and published by Retail Insight Network, a ...
Alibaba Group Holding Ltd. agreed to sell its shares in Sun Art Retail Group Ltd. to private equity firm DCP Capital, ...
Chinese e-commerce giant Alibaba's Singles' Day shopping frenzy has broken records in its 11th year. The world's biggest online shopping event raked in more than $30.8bn (210bn yuan; £23bn ...
which company founder Jack Ma initiated in 2016 as a way for Alibaba to blend its online and offline shopping resources. Alibaba’s US$692 million investment in Intime in 2014, ahead of the e ...