Alibaba sells hypermarket operator Sun Art for US$1.7 billion to refocus on e-commerce

Alibaba agreed to divest its entire stake in Sun Art Retail Group to Chinese private-equity firm DCP Capital.

Alibaba sells hypermarket operator Sun Art for US$1.7 billion to refocus on e-commerce

Alibaba sells hypermarket operator Sun Art for US$1.7 billion to refocus on e-commerce

Alibaba sells hypermarket operator Sun Art for US$1.7 billion to refocus on e-commerce

Alibaba sells hypermarket operator Sun Art for US$1.7 billion to refocus on e-commerce
Alibaba sells hypermarket operator Sun Art for US$1.7 billion to refocus on e-commerce
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