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.

Jan 2, 2025 - 10:55
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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.

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