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 Group Holding (BABA) stock is scaling the price charts Wednesday after the Chinese e-commerce giant released a new version of its open-source artificial intelligence (AI) model, Qwen. BABA ...

International business is also a shining area with Alibaba International Digital Commerce (AIDC) posting 29% YoY revenue growth, driven by "high growth in cross-border companies such as AliExpress ...

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 ...

DeepSeek, an AI model that's made in China, caught Silicon Valley's attentuon to matching other AI models with limited ...

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 ...

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Pre-Market: 7:02:57 a.m. EST ...