By Finance Pulse in finance —

Alibaba Divests 70% Stake in Sun Art for $1.6 Billion

Alibaba sells its 70% stake in Sun Art to DCP Capital for $1.6 billion. Discover how this strategic move impacts the retail landscape and Alibaba's future plans.

A sleek and modern image featuring the logos of Alibaba and Sun Art, with a financial chart in the b
Alibaba Divests 70% Stake in Sun Art for $1.6 Billion

Alibaba is selling its 70% stake in Sun Art to DCP Capital for approximately $1.6 billion.

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