Sun Art Retail Group

Alibaba Bets $3.6B On Chinese Online Grocery Sun Art Retail Group
Alibaba Bets $3.6B On Chinese Online Grocery Sun Art Retail Group
October 19, 2020  |  Partnerships / Acquisitions

In a quest to dominate online food shopping in China, Alibaba invested $3.6 billion for a controlling stake in the hypermarket operator Sun Art Retail...

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Alibaba Makes A Move On Offline Grocery With A $2.87B Investment
Alibaba Makes A Move On Offline Grocery With A $2.87B Investment
November 20, 2017  |  South East Asia

Alibaba is making a big offline commerce play with the announcement that it will invest HK$22.4 billion (USD$2.87 billion) for a major stake in China’s top...

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