Alibaba Group Holdings is often called The Amazon of China. The company, which has grown into a global e-commerce, internet, and technology company, followed Amazon's example by expanding into ...

Actress Jaya Ahsan has condemned the attack on indigenous students and their supporters protesting the removal of graffiti featuring the term "indigenous" (Adivasi in Bangla) from textbooks.

Alibaba sold its 73.66% stake in Sun Art to DCP Capital for US$1.6bn, reflecting a shift away from its New Retail strategy. The sale is positive as Sun Art faces a competitive offline retail ...

KL is no exception, as the Malaysian city is also home to a Chinatown better known to locals as Petaling Street. Petaling Street, or Chinatown, is a vibrant attraction in Kuala Lumpur that invites ...

If you’re residing in Petaling Jaya, Regal Motors EV is an ideal location for you to check out the SUV. The new e.MAS showroom will be officially launched on January 5, 2025, and you’re ...

Customers shop inside an RT-Mart hypermarket operated by Sun Art Retail Group. Alibaba Group Holding has agreed to sell its controlling stake in Chinese hypermarket operator Sun Art for up to HK$ ...

Chinese e-commerce major Alibaba Group has agreed to divest its interest in the Sun Art Retail Group, a hypermarket operator, to Paragon Shine for K$12.29bn ($1.58bn). The buyer is an exempt ...

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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Alibaba has agreed to sell its entire stake in China’s largest hypermarket operator at a steep discount ...

Huaian, China - January 02, 2025 A RT-Mart store in Huaiyin district, Huai 'an city, Jiangsu province, China, Jan 2, 2025. I've worked at Costco for two decades... here are 10 items you need to ...

(Yicai) Jan. 2 -- Alibaba Group Holding is offloading its entire stake in Sun Art Retail, the operator of hypermarket chain RT-Mart, to Chinese private equity firm DCP Capital for HKD13.1 billion ...