Auchan Retail
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
Retail sales grow 8% y-o-y in March 2024: RAI Survey
According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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