Alibaba Group Holding Ltd. has agreed to sell its over 70% stake in Sun Art Retail Group Ltd. to private equity firm DCP ...

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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$ ...

BEIJING (Reuters) -- China's Alibaba Group Holding said on Wednesday it had agreed to sell its majority stake in hypermarket ...

China’s e-commerce pioneer expects gross proceeds of up to HK$12.3 billion (US$1.6 billion or $2.15 billion) from selling its ...

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. The sale is positive as Sun Art faces a competitive offline retail ...

Fangda Partners and Slaughter and May are advising Alibaba Group on the $1.6 billion sale of Chinese hypermart Sun Art Retail Group to Beijing private equity firm DCP Capital. The buyer is ...

Initiative has shown positive results at IT, Wireless and Daliganj crossings; plan to roll out the system at 10-12 other ...

Alibaba’s share price [HKG:9988] was trading down 0.5 percent at HKD81.95 (USD10.50) as of 12 p.m. today, while Sun Art’s ...

A middle-aged man was on Wednesday hacked to death by a group of miscreants in broad daylight in the state capital here which is under a thick security blanket for the 18th Pravasi Bharatiya Divas ...

Delhi Police recently busted a mobile theft racket, where the alleged mastermind in Jharkhand lured juveniles from the state and sent them to the national capital to steal high-end mobile phones from ...