Alibaba sells its 78.7% stake in Sun Art Retail for $1.6 billion, focusing on core e-commerce amid rising competition.
Alibaba and JD.com are among the earliest to join the country’s renewed subsidy programme for home-appliance shoppers.
Alibaba and E-mart will combine the assets of their separate e-commerce platforms, AliExpress Korea and Gmarket, to form a 50 ...
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, ...
Alibaba Group Holding agreed to sell its entire stake in Sun Art Retail Group, China's largest hypermarket operator, 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 ...
For the full year, analysts expect Alibaba's revenue and adjusted earnings to grow 6% and 2%, respectively. For fiscal 2026, ...
Freshippo, Alibaba Group Holding's grocery chain known as Hema in its home market, was profitable for nine straight months in ...
Alibaba Cloud announced on Thursday it had reached a deal with Beijing-based 01.AI, founded by former Google China head Lee Kai ... the best pre-trained model by online AI community Hugging ...
Chinese e-commerce giant Alibaba 9988-1.33%decrease; red down pointing triangle Group Holding and South Korean retailer E-mart plan to set up an online shopping joint venture. Alibaba and E-mart ...