BRIEF: Sun Art Retail swings to loss in latest fiscal year
Supermarket operator Sun Art Retail Group (6808.HK) saidon Sunday it expects to post a loss of 300 million yuan to 50 million yuan ($51 million) for its fiscal year through…
BRIEF: Sun Art names Freshippo veteran as new CEO
Sun Art Retail Group Ltd. (6808.HK), operator of the RT-Mart supermarket chain, announced on Sunday that CEO Shen Hui has resigned from his post to devote more time to family…
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…
Alibaba Logs Slowest Revenue Growth But Investors See Bright Side
Alibaba shares jumped even after it reported the slowest quarterly revenue growth (more…)
