Private equity firm DCP Capital has agreed to acquire Alibaba’s majority stake in Sun Art, which operates the RT-Mart chain ...

Alibaba stock was lower Thursday after it announced a $1.7 billion deal to sell Sun Art, a hypermarket operator in China.

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

The lab will combine the research and development capabilities of the two teams to explore technology and services related to ...

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Alibaba reshuffles commerce business, faces market share losses in China, AI growth opportunity yet to boost cloud ...

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

Alibaba Group (BABA) will sell its majority stake in hypermarket chain Sun Art Retail Group (SURRY) (SURRF) to private equity ...

Alibaba Cloud partners with Chinese startup 01.AI to develop AI models, amidst price wars and market share battles. BABA ...

While many consumers load up on goods in the holidays, Alibaba Group Holding Ltd. has been busy selling assets, even if it ...

The 79% stake being sold is held by Alibaba subsidiaries, according to a filing with the Hong Kong Stock Exchange. According ...

Alibaba is offering the price cuts on its visual language model, Qwen-VL, which is designed to perceive and understand both ...