China E-Commerce Giant Alibaba Sells Stake In Retail Firm Sun Art To Focus On Core Business
Alibaba stock was lower Thursday after it announced a $1.7 billion deal to sell Sun Art, a hypermarket operator in China. The post China E-Commerce Giant Alibaba Sells Stake In Retail Firm Sun Art To Focus On Core Business appeared first on Investor's Business Daily.
![China E-Commerce Giant Alibaba Sells Stake In Retail Firm
Sun Art To Focus On Core Business](https://www.investors.com/wp-content/uploads/2017/09/stock-alibaba-05-shutter.jpg)
Alibaba stock was lower Thursday after it announced a $1.7 billion deal to sell Sun Art, a hypermarket operator in China.
The post China E-Commerce Giant Alibaba Sells Stake In Retail Firm Sun Art To Focus On Core Business appeared first on Investor's Business Daily.