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 ...

While commercial aircraft manufacturing is dominated by two big players, Boeing and Airbus, the engine industry has a similarly small playing field. Four big companies make up 99% of the global aero ...

BEAVERTON, Ore.--(BUSINESS WIRE)--Ultra Accelerator Link™ Consortium (UALink™) has announced the expansion of its Board of Directors with the election of Alibaba Cloud Computing Ltd., ...

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 ...

*In FY25 (April-June), exports of readymade garments including accessories stood at US$ 2,244 million. *Cotton production in India is projected to reach 7.2 million tonnes by 2030, driven by ...

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 ...

ALIBABA Group Holding agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile physical commerce asset at a discount to focus on its core ...

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$ ...

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 ...

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 ...

On December 31, Alibaba Group announced that it would sell its stake in Sun Art Retail Group, China’s largest hypermarket operator. The Alibaba Group and DCP, a Chinese private equity firm ...

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 ...