BRIEF: Alibaba to sell Sun Art stake, record $1.8 billion loss
Following its sale last month of brick-and-mortar department store operator Intime, Alibaba Group Holding Ltd. (BABA.US; 9988.HK) on Wednesday announced another similar agreement to sell its majority stake in supermarket…
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BRIEF: Alibaba to sell Sun Art stake, record $1.8 billion loss
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