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BEIJING: Alibaba Group Holding Ltd has 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 ...

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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 ...

BEIJING (Reuters) -- China's Alibaba Group Holding said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group to Chinese private equity firm DCP Capital ...

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 ...

"Alibaba to sell majority stake in Sun Art hypermarkets for $1.58bn " was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has ...

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 ...