Chinese e-commerce and cloud behemoth Alibaba stock stock has gained about 12% since early 2024 but remains down over 70% from its 2020 highs. The stock trades at a reasonable $85 per share ...

Alibaba stock (BABA) continues to see a boost after the launch of its Qwen 2.5 AI model, the company already claiming it has surpassed OpenAI's ChatGPT, DeepSeek V3, and Meta's (META) Llama.

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their ...

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 ...

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$ ...

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 ...

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

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 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 ...

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 ...