Alibaba Sells Intime Amid Business Reshuffle Alibaba is restructuring its business, selling its Chinese department store unit, Intime. Learn how this move impacts the retail landscape.
Alibaba's $3.6 Billion Acquisition of Sun Art in 2020 Discover how Alibaba's strategic $3.6 billion acquisition of Sun Art in 2020 reshaped the retail landscape. Explore the impact on e-commerce and retail growth.
Alibaba Sells Majority Stake in Sun Art for $1.58 Billion Alibaba Group divests its 78.7% stake in Sun Art Retail to DCP Capital for HK$12.298 billion ($1.58 billion). Discover the strategic move behind this sale.
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.
Alibaba's Strategic Focus: Cloud, E-commerce, and Global Reach Alibaba is strengthening its position in cloud services, online marketplaces, and international expansion under new leadership. Explore their strategic shift.
Alibaba's $3.6 Billion Sun Art Investment Turns Sour Alibaba's $3.6 billion investment in Sun Art in 2020 results in a significant loss. Explore the financial impact of this strategic decision.
Alibaba's Strategic Shift: Divesting Physical Retail Alibaba focuses on core online business by divesting from physical retail. Learn about this strategic shift and its implications on the retail landscape.
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.
Alibaba Divests Sun Art Stake to Boost Online and Global Growth Alibaba shifts focus to core online operations and international expansion by selling its stake in Sun Art. Discover how this move impacts Alibaba's strategy.
Alibaba Plans Tech Investment, Share Buybacks Alibaba is set to reinvest sale proceeds into technology platforms, share buybacks, and dividends. Explore Alibaba's strategic financial moves.