Alibaba's Strategic Shift: Selling Assets at a Loss

Alibaba sells stakes in Sun Art and Intime Retail at a loss, pivoting focus to technology, e-commerce, and AI. Explore this shift in strategy.

A sleek and modern illustration representing Alibaba's transition, featuring digital elements like A
Alibaba's Strategic Shift: Selling Assets at a Loss

Alibaba has been selling assets at a loss, including its stakes in Sun Art and Intime Retail, indicating a strategic shift toward technology, e-commerce, and AI.

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