Alibaba Group plans to sell its more than 70% stake in Sun Art, operator of RT-Mart and M-Club stores in China, for $1.6 ...
This venture is expected to launch next year. Interestingly, while the two companies are joining forces, AliExpress Korea and Gmarket will still operate separately. According to E-Mart's parent ...
South Korea’s retail giant Shinsegae Group is set to establish a joint venture with China’s Alibaba International this year, ...
Alibaba sells its 78.7% stake in Sun Art Retail for $1.6 billion, focusing on core e-commerce amid rising competition.
Asian Stocks traded mixed Thursday, with China stocks leading losses as several major markets resumed trading after New ...
Asian stock markets were largely in the red on Thursday, reflecting a cautious sentiment after negative cues from Wall Street ...
The first trading day of 2025 is here, and investors are expecting a chaotic start. After a volatile close to 2024, global ...
China’s Caixin/S&P Global manufacturing purchasing managers’ index for December fell to 50.5, missing economists’ estimates ...
Futures on benchmarks in Shanghai declined after mainland Chinese gauges tumbled in December’s final day of trading. The S&P ...
The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to begin the new year on an ...
Asia market update: HK/CN equities lead falls amid further poor China data; Currency volatility - No specific drivers seen, potentially New year/New quarter / New month flows.
Alibaba Group Holding dropped 1.3 percent after the company ... Political uncertainty also weighed, with impeached President Yoon Suk Yeol resisting arrest for a third day. Bank of Korea Governor Rhee ...