By Finance Pulse in business strategy —

Alibaba to Divest 78.7% Stake in Sun Art Retail Group

Alibaba Group Holding Ltd shifts focus to core e-commerce by divesting its 78.7% stake in Sun Art Retail Group. Discover how this move reshapes Alibaba's strategy.

A sleek and modern illustration of the Alibaba and Sun Art Retail logos, symbolizing the transition
Alibaba to Divest 78.7% Stake in Sun Art Retail Group

Alibaba Group Holding Ltd is divesting its 78.7% stake in Sun Art Retail Group to focus more on its core e-commerce operations.

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