Yahoo co-founder Jerry Yang on AI: The wave is coming
Yahoo co-founder and AME Cloud Ventures founding partner CEO Jerry Yang shares a few thoughts as Yahoo Finance celebrates the ...
Alibaba: Shedding Sun Art To Illuminate E-Commerce
Alibaba sold its 73.66% stake in Sun Art to DCP Capital for US$1.6bn, reflecting a shift away from its New Retail strategy. Read why I'm bearish on BABA stock.
The Independent Singapore3d
Alibaba to sell shares in Sun Art Retail to DCP Capital at huge discount to focus on core online business
Alibaba Group Holding Ltd. has agreed to sell its more than 70% stake in Sun Art Retail Group Ltd. to private equity firm DCP ...
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 ...
Fangda, Slaughter and May Lead as Alibaba Sells Hypermart for $1.6B
The 79% stake being sold is held by Alibaba subsidiaries, according to a filing with the Hong Kong Stock Exchange. According ...
Struggling e-commerce giant Alibaba inks $1.7 bn deal to sell stake in Chinese hypermarket
Hangzhou-based Alibaba, a leading player in China’s vast e-commerce sector, has faced stiffer competition in recent years as ...
Alibaba To Sell Chinese Hypermarket Operator As It Focuses On Core Business
Private equity firm DCP Capital has agreed to acquire Alibaba’s majority stake in Sun Art, which operates the RT-Mart chain ...
gulftoday5dOpinion
Chinese economy looks up, Xi sounds confident
China, the second largest economy – the United States remains at the top – looks to rebound for the first time since the ...