Alibaba to sell majority stake in Sun Art hypermarkets for $1.58bn
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Seeking Alpha on MSN6d
Alibaba to sell stake in China's hypermarket chain Sun Art for $1.58B
Alibaba Group (BABA) will sell its majority stake in hypermarket chain Sun Art Retail Group (SURRY) (SURRF) to private equity ...
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.
Alibaba to Sell China’s Sun Art to Buyout Firm at Big Discount
Alibaba Group Holding Ltd. agreed to sell its shares in Sun Art Retail Group Ltd. to private equity firm DCP Capital, ...
Alibaba sells hypermarket operator Sun Art for US$1.7 billion to refocus on e-commerce
Alibaba Group Holding agreed to sell its entire stake in Sun Art Retail Group, China’s largest hypermarket operator, for ...
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Alibaba to sell stake in Sun Art Retail to DCP for $1.6B
Alibaba (BABA) has agreed to sell its stake in Sun Art Retail to private equity firm DCP for about $1.6B, after paying roughly $3.6B in 2020 to ...
Sun Art Retail Shares Slide on Alibaba's Exit
Alibaba said late Wednesday it would sell its entire stake in Sun Art to Chinese private-equity firm DCP Capital Partners for up to the equivalent of $1.58 billion. An Alibaba-affiliated company, New ...
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Alibaba Sells Sun Art Stake to DCP Capital for $1.6 Billion, Shifting Focus Back to Online Commerce
Alibaba Group Holding Ltd. has agreed to sell its over 70% stake in Sun Art Retail Group Ltd. to private equity firm DCP ...
The Manila Times on MSN6d
China’s Alibaba to offload Sun Art stake to DCP for $1.6 billion
China’s Alibaba Group Holding Ltd said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art ...
Alibaba Sells $1.58 Billion Stake In Sun Art Retail, Refocusing On Core E-Commerce Strategy
Chinese e-commerce giant Alibaba announced plans to sell its 78.7% stake in hypermarket chain Sun Art Retail Group.
Forbes6d
Alibaba To Sell Chinese Hypermarket Operator As It Focuses On Core Business
Customers shop inside an RT-Mart hypermarket operated by Sun Art Retail Group. Alibaba Group Holding has agreed to sell its controlling stake in Chinese hypermarket operator Sun Art for up to HK$ ...