Chinese online marketplace Alibaba Group ... of active buyers during their 16th annual 11.11 Shopping Festival. "Alibaba to divest retail store chain Intime for $1bn " was originally created ...

Alibaba is ramping up its investments in its physical retail footprint and partnerships to develop its new retail strategy that combines online and offline platforms ... it led the $2.6 billion ...

Chinese e-commerce giant Alibaba will form a joint-venture online shopping operation with South ... International retail sales jumped 35% to 25.6 billion yuan in Alibaba's September-ended quarter.

Alibaba also took control of Sun Art from its French owner, the Mulliez family as the company was planning to create a new retail model that promotes both online and offline shopping platforms.

More from Retail 25 Billion Dollars. That's how much Alibaba, the Chinese e ... holiday in an attempt to drum up more online sales. In China, spikes in shopping sales were common in late September ...

Alibaba Group Holding agreed to ... amid the e-commerce giant's ambition to create a "new retail" model that leverages online and offline shopping platforms. Sun Art's operations, including ...

Shares of Sun Art Retail Group fell sharply after Alibaba Group said it would unload ... a controlling stake in Sun Art in 2020. The online sales giant under Chief Executive Eddie Wu has more ...

Alibaba has agreed to sell its entire ... ambitious strategy begun in 2016 to create a “new retail” model blending online and offline shopping experiences. However, the vision of a retail ...

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 double the stake to over 70%, as it focuses on its ...

Taobao has firmly established itself as a household name in online shopping over the years. Alibaba, the company behind Taobao and Tmall, is unsurprisingly one of the world’s largest e-commerce ...

Chinese e-commerce giant Alibaba Group Holding Ltd. BABA announced plans to sell its 78.7% stake in hypermarket chain Sun Art Retail Group to private equity firm DCP Capital for HK$12.298 billion ...