NASA’s Parker Solar Probe skimmed the sun on Christmas Eve and lived to tell the tale. The heat-hardened spacecraft made its closest solar flyby yet at 6:53 a.m. EST on December 24. It came ...

Alibaba will sell its 78.7% stake in Sun Art Retail Group to DCP Capital for $1.58 billion, as part of its strategy to focus on core e-commerce operations. Branded prescription drug prices are ...

This transaction allows the purchaser to acquire a significant stake, potentially leading to mandatory general offers for Sun Art’s remaining shares. The deal, valued at HK$11,637 million ...

ALBAWABA – Alibaba, the Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology, announced selling its shares in Sun Art, a leading retailer with ...

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 Group Holding Ltd. agreed to sell its shares in Sun Art Retail Group Ltd. to private equity firm DCP Capital, unloading another high-profile physical commerce asset at a discount to focus ...

Alibaba will incur about $3 billion of losses from the disposal of non-core retail assets including Sun Art, we calculate. The sale of the grocer at a 0.6x price-to-net asset valuation trails ...

On December 31, Alibaba Group announced that it would sell its stake in Sun Art Retail Group, China’s largest hypermarket operator. The Alibaba Group and DCP, a Chinese private equity firm ...

New space missions will aim to measure Earth's biomass from space, return stranded astronauts to Earth and prepare for landing humans on the moon. DW explains what's in store for 2025. Suni ...

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 ...

BEIJING, Jan 1 (Reuters) - China's Alibaba Group Holding Ltd (9988.HK), opens new tab said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group to ...

China’s Alibaba Group Holding Ltd. BABAF said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group Ltd. to Chinese private equity firm DCP Capital for ...