Alibaba sells its 78.7% stake in Sun Art Retail for $1.6 billion, focusing on core e-commerce amid rising competition.

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 ...

After all, many apps steal more data than users are aware of, and cybersecurity is an important part of the online shopping experience, no matter where you buy from ... on the retail giant's ...

Alibaba announces the sale of its 78.7% stake in Sun Art Retail, marking a key step in its strategic shift to refocus on ...

BABA sells Intime, marking a shift from its New Retail initiative to focus ... The original idea was to connect online and offline shopping experiences, leveraging big data to drive greater ...

Chinese e-commerce giant Alibaba 9988-1.24%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 ...

Alibaba Group Holding agreed to sell its entire stake in Sun Art Retail Group, China's largest hypermarket operator, for ...

Intime, a major offline retail chain, became an integral part of Alibaba’s strategy for integrating online and offline commerce following a strategic partnership announcement in June 2015. The company ...

Alibaba Group Holding Ltd. agreed to sell its shares in Sun Art Retail Group Ltd. to private equity firm DCP Capital, ...

South Korean discount chain E-Mart, a unit of tycoon Chung Yong-jin’s retail ... s online shopping platform. Gmarket’s CEO, Danny Chung, joined the company in July from Alibaba where he ...

The company is selling its entire stake in the retail chain, in which it first invested ... which company founder Jack Ma initiated in 2016 as a way for Alibaba to blend its online and offline ...