Alibaba sells hypermarket operator Sun Art for US$1.7 billion to refocus on e-commerce

Jan 1, 2025

Alibaba agreed to divest its entire stake in Sun Art Retail Group to Chinese private-equity firm DCP Capital.

Recommended

Frontal Report

Frontal Report is an emerging leader in all forms of media. We aim to be the leading news brand for readers around the world.

Copyright © 2015 - 2026 Frontal Report. All Rights Reserved.