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.
Topic
DCP Capital
A collection of 4 issues
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 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 Sells Sun Art Stake to DCP Capital for $1.6 Billion
Alibaba Group divests its Sun Art Retail shares to DCP Capital, a private equity firm, for $1.6 billion, marking a strategic shift in retail investments.