Alibaba Group Holding agreed to sell its entire stake in Sun Art Retail Group, China's largest hypermarket operator, for HK$13.1 billion (US$1.7 billion), as the e-commerce giant scales back its ...

BEIJING: Alibaba Group Holding Ltd has agreed to sell its shares in Sun Art Retail Group Ltd to private equity firm DCP Capital, unloading another high-profile physical commerce asset at a ...

Alibaba Group Holding Ltd.’s majority stake in Chinese hypermarket chain Sun Art Retail Group Ltd. is attracting preliminary interest from private equity firms, according to people familiar with ...

BEIJING, Jan 1 (Reuters) - China's Alibaba Group Holding Ltd (9988.HK), opens new tab said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group to ...

Prints have demonstrated resilience amid a two-year slowdown in the art market. ArtTactic reported sales in the medium grew 18.3% in 2023. Young collectors have been instrumental in this rise.