Alibaba Group Holding Ltd. agreed to sell its shares in Sun Art Retail Group Ltd. to private equity firm DCP Capital, ...
Indonesian e-commerce pioneer PT Bukalapak.com will stop selling physical goods, underscoring the cut-throat competition in a ...
Alibaba had approx. $25.5B in net cash as of Q3, which it can use for buybacks and dividends. Read why BABA call options ...
China's Alibaba Group Holding Ltd said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art ...
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Alibaba Group Holding is pushing further into the expanding market for artificial intelligence (AI) hardware through a new ...
Alibaba (BABA) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth ...
AI denounced as ‘vicious slander’ talks that it was looking to sell its pre-training team and other assets owing to business ...
While many consumers load up on goods in the holidays, Alibaba Group Holding Ltd. has been busy selling assets, even if it ...
The stake was intended to integrate Alibaba’s digital capabilities with Sun Art’s hypermarkets. Alibaba Group has announced ...
Alibaba sold its 73.66% stake in Sun Art to DCP Capital for US$1.6bn, reflecting a shift away from its New Retail strategy. Read why I'm bearish on BABA stock.