October 24, 2020

24X7 News Guru

The Real Time News

Alibaba to buy controlling stake in hypermarket chain Sun Art in $3.6 billion deal

The e-commerce giant is hoping to further leverage its digital presence to support Sun Art#39;s 481 hypermarkets and three mid-size supermarkets in China as the coronavirus pandemic accelerates the shift by customers online. ...

Alibaba to buy controlling stake in hypermarket chain Sun Art in $3.6 billion deal The e-commerce giant is hoping to further leverage its digital presence to support Sun Art#39;s 481 hypermarkets and three mid-size supermarkets in China as the coronavirus pandemic accelerates the shift by customers online.

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