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.
Alibaba Sharpens Focus on Core E-Commerce Alibaba streamlines strategy to enhance core e-commerce operations. Discover how this shift impacts the digital commerce landscape.
Alibaba Refocuses on Core Online and Global Ventures Alibaba's strategic sale aims to strengthen its core online business and foster international growth, including a new venture in Korea.
New CEO Kelly Ortberg Announces 10% Workforce Reduction Amid Crises Kelly Ortberg, the new CEO, tackles company crises head-on with a bold 10% workforce reduction, aiming to stabilize the business and ensure future growth.
Mobvista Considers Selling Mintegral Platform Mobvista Inc. is exploring the sale of its mobile advertising platform, Mintegral. This strategic move could reshape the mobile ad industry landscape.
Firms Circumvent Trade Barriers to Access Tech Discover how companies are navigating trade restrictions to access cutting-edge technology. Explore strategies, international trade, and tech acquisition.
Company Explores Sale Options Amid Interest from Buyers The company is evaluating interest from potential buyers, including private equity firms, with the help of an adviser. Explore strategic sale opportunities.
Siemens AG to Review 75% Stake in Siemens Healthineers Siemens AG is evaluating its 75% stake in Siemens Healthineers, citing limited synergies. Discover what this could mean for both entities in the healthcare sector.
Walgreens to Close 1,200 Stores by 2028 Walgreens plans to close 1,200 stores over three years, starting with 500 closures in 2025. Discover the impact on retail and community services.
New Partnership: Gordon Brothers Steps In Gordon Brothers partners up after Nexus Capital deal fails. Explore their strategic partnership in the business landscape.