Kunal Mehta has joined Arvind Fashions Ltd. (AFL) as Chief Information Officer (CIO), people aware of the development told ...

This year the likes of Sainsbury’s, Aldi, Waitrose, Tesco and Morrisons have stocked up on some great New Year’s grub for everyone to enjoy. But, with many shops closing their doors at various ...

File image Alibaba Group has agreed to sell its majority stake in China’s largest hypermarket operator, Sun Art Retail, at a steep discount, as the tech giant shifts focus back to its core e-commerce ...

Doha, Qatar: LOT - The Value Shop has officially opened its doors at LuLu Hypermarket, Barwa Madinatna, offering an exceptional New Year’s gift to Qatar residents: a vast selection of quality ...

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 has agreed to sell its entire stake in China’s largest hypermarket operator at a steep discount, as it sharpens its focus on core ecommerce operations amid intensifying competition.

Alibaba Group has agreed to sell its shares in a Chinese hypermarket operator in a $1.7 billion deal, the latest divestment as part of the company's efforts to focus on its core e-commerce business.

(Yicai) Jan. 2 -- Alibaba Group Holding is offloading its entire stake in Sun Art Retail, the operator of hypermarket chain RT-Mart, to Chinese private equity firm DCP Capital for HKD13.1 billion ...

The deal between Alibaba and Chinese private-equity firm DCP Capital was reached on the last day of 2024, involving the disposal of the Hangzhou-based company’s interest in Sun Art at HK$1.75 ...