This article has been updated for clarity around Alibaba Group’s workforce changes. While the company has been shifting focus ...
Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter ...
After Alibaba (BABA) announced that it would sell its full 78.7% equity interest in Sun Art to DCP Capital for gross proceeds of about $1.5B, Morgan Stanley says this sale is consistent with Alibaba’s ...
Alibaba Group Holding (NYSE:BABA) owned Sun Art Retail Group’s suspension of trading signaled speculation of Alibaba’s divestment of stake in the hypermarket operator, SCMP reports. In October 2020, ...
Hosted on MSN
Alibaba Sells Sun Art Stake to DCP Capital for $1.6 Billion, Shifting Focus Back to Online Commerce
Alibaba Group Holding Ltd. has agreed to sell its over 70% stake in Sun Art Retail Group Ltd. to private equity firm DCP Capital for up to $1.6 billion. The sale marks a significant retreat from ...
Editor’s note: This article has been updated for clarity around Alibaba Group’s workforce changes. While the company has been ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results