Alibaba’s Been Cramming in the Deals Over the Holiday Season
While many consumers load up on goods in the holidays, Alibaba Group Holding Ltd. has been busy selling assets, even if it ...
Alibaba, E-Mart From South Korea Plan Joint E-Commerce Venture Worth Billions
This venture is expected to launch next year. Interestingly, while the two companies are joining forces, AliExpress Korea and Gmarket will still operate separately. According to E-Mart's parent ...
Retail TouchPoints1d
Alibaba Focuses on Digital Commerce with Sale of Sun Art and New South Korea Joint Venture
Alibaba Group plans to sell its more than 70% stake in Sun Art, operator of RT-Mart and M-Club stores in China, for $1.6 ...
The Edge Singapore2d
Alibaba to sell China’s Sun Art to buyout firm at big discount
China’s e-commerce pioneer expects gross proceeds of up to HK$12.3 billion (US$1.6 billion or $2.15 billion) from selling its ...
Alibaba to sell stake in China's hypermarket chain Sun Art for $1.58B
Alibaba Group (BABA) will sell its majority stake in hypermarket chain Sun Art Retail Group (SURRY) (SURRF) to private equity ...
The Edge Singapore2d
South Korea cuts growth forecasts after martial law fiasco
The Finance Ministry now sees the economy growing 1.8% in 2025 after expanding 2.1% last year, it said in a statement ...
조선일보2d
Emart targets low growth era with 'Food Market' fresh produce discount store
Emart targets low growth era with Food Market fresh produce discount store Emart introduces a new grocery format to elevate ...