Alibaba Group Holding agreed to sell its entire stake in Sun Art Retail Group, China's largest hypermarket operator, for ...
Freshippo, Alibaba Group Holding's grocery chain known as Hema in its home market, was profitable for nine straight months in ...
Alibaba sells its 78.7% stake in Sun Art Retail for $1.6 billion, focusing on core e-commerce amid rising competition.
After disposing of Sun Art and Intime, an 'asset-light' Alibaba is expected to be in a better position to compete against ...
PDD Holdings is a compelling investment opportunity in 2025, with its strong revenue growth and attractive valuation. Click ...
The retail industry is undergoing a transformative shift, fueled by e-commerce, mobile technologies, and data-driven ...
More than six years ago, Mohd Shahril Talib was selling second-hand sports shoes by the roadside and in night markets for ...
Alibaba announces the sale of its 78.7% stake in Sun Art Retail, marking a key step in its strategic shift to refocus on ...
A new Douyin report shows how livestreaming is driving billions in sales across China, with central and western regions ...
Major US retailers announced more than 7,300 store closures last year, up 57% from 2023, according to Coresight Research. That’s the highest annual number of closed stores since 2020, when the ...