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ALIBABA Group Holding agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile physical commerce asset at a discount to focus on its core ...
26,064 people played the daily Crossword recently. Can you solve it faster than others?26,064 people played the daily Crossword recently. Can you solve it faster than others?
Alibaba Group Holding Ltd. agreed to sell its shares in Sun Art Retail Group Ltd. to private equity firm DCP Capital, unloading another high-profile physical commerce asset at a discount to focus ...
Alibaba will incur about $3 billion of losses from the disposal of non-core retail assets including Sun Art, we calculate. The sale of the grocer at a 0.6x price-to-net asset valuation trails ...
[Photo/Agencies] Alibaba Group Holding Ltd said on Wednesday night that it will sell all of its shares in hypermarket operator Sun Art Retail Group Ltd to private equity firm DCP Capital for HK$13 ...
The deal between Alibaba and Chinese private-equity firm DCP Capital was reached on the last day of 2024, involving the disposal of the Hangzhou-based company’s interest in Sun Art at HK$1.75 ...