Sun Art
Food
Alibaba acquires controlling stake in Sun Art
Alibaba Group Holding Limited announced it will invest approximately US$ 3.6 billion in respect of Sun Art Retail Group Limited, a leading hypermarket and supermarket operator in China, that will raise its aggregate direct and indirect stake to approximately...
Food
Alibaba Group, Auchan Retail and Ruentex form new retail strategic alliance
Alibaba Group Holding Limited, Auchan Retail and Ruentex Group has announced a strategic alliance that brings together their online and offline expertise to explore new retail opportunities in China’s food retail sector.
As part of this strategic alliance, Alibaba Group...
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Latest News
PepsiCo reports ‘high single-digit’ volume growth in Indian beverage market in Jan-Mar
The growth reflects an "organic volume growth and effective net pricing" and a partial offset of the impact of...
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