China's Alibaba Group Holding Ltd said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group to Chinese private equity firm DCP Capital ... ($1.58 billion).

BEIJING (Reuters) - China's Alibaba Group Holding Ltd said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group to Chinese private equity firm DCP ...

Alibaba (BABA) has agreed to sell its stake in Sun Art Retail to private equity firm DCP for about $1.6B, after paying roughly $3.6B in 2020 to double the stake to over 70%, as it focuses on its ...

BEIJING (Reuters) -- China's Alibaba Group Holding said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group to Chinese private equity firm DCP Capital ...

The truck averaged 88.7 km/h on the trip, with an energy consumption of 1.24 kWh/km — a figure comparable to the Tesla Semi, which Tesla CEO Elon Musk claims uses 2 kWh of energy per mile.

One person died Friday when a westbound semi-truck pulling a trailer left the Kansas Turnpike on its north side and struck a bridge pillar in eastern Shawnee County, the Kansas Turnpike Authority ...

to private equity firm DCP Capital (德弘資本), unloading another high-profile physical commerce asset to focus on its core online business. China’s e-commerce pioneer said it could receive gross proceeds ...

From the iconic “cheese caves” in Springfield, Missouri, to the Gateway Arch in St. Louis, “American Truck Simulator Missouri ...

OKALOOSA COUNTY, Fla. -- Two semi-trucks were involved in an Okaloosa County crash on Friday afternoon. The Crestview Fire Department said the accident happened on I-10 near the Holt exit.

Alibaba Group Holding Ltd. agreed to sell its shares in Sun Art Retail Group Ltd. to private equity firm DCP Capital ... of up to HK$12.3 billion ($1.6 billion) from selling its more than 70% ...