By Finance Pulse in Transformative —

Alibaba Divests Sun Art Stake for $1.6 Billion

Alibaba sells its stake in Sun Art Retail Group to DCP Capital for $1.6 billion, marking a strategic shift. Explore the impact on the retail landscape.

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Alibaba Divests Sun Art Stake for $1.6 Billion

Alibaba is selling its shares in Sun Art Retail Group Ltd. to DCP Capital for $1.6 billion.

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