Sun Art Retail

E-commerce is what Shein and Temu do

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…
9988.HK BABA.US 6808.HK

Recent Articles

RELATED ARTICLES

  1. Alibaba to sell Sun Art
    Sun Art pursues life after Alibaba in China’s evolving retail landscape
    6808.HK
  2. Alibaba’s breakup in tatters, could 2025 be the year of asset shedding?
    9988.HK BABA.US
  3. Alibaba’s Sun Art Sale, and a China-Kazakhstan Dual Listing
    9988.HK BABA.US
  4. Two Autonomous Driving IPOs, and Alibaba Sheds a ‘New Retail’ Asset
    WRD.US 9660.HK
  5. BRIEF: Yuexiu Property to sell Guangzhou project at 1.1 billion yuan base price 
    0123.HK
  6. BRIEF: Country Garden to sell remaining Zhuhai Wanda stake
    6098.HK
Discover hidden China stock gems in our weekly newsletter

Follow us

Facebook Twitter Linkedin Weixin Weibo Youtube

Subscribe to Our Free eNewsletter

Subscribe

Check out our content with some of our syndication partners

factiva