Alibaba Divests Sun Art Retail to Strengthen Online Focus
Alibaba Group is divesting its shares in Sun Art Retail Group to concentrate on its core online business. Discover the strategic shift in Alibaba's focus.
Topic
Sun Art Retail
A collection of 4 issues
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 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.