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.
Rising Competition from Retail Giants Challenges Company Facing strong competition from retail giants like Target and Walmart, the company navigates a challenging market landscape. Explore strategies to stay ahead.