South Korea’s retail giant Shinsegae Group is set to establish a joint venture with China’s Alibaba International this year, ...

Alibaba Group Holding Ltd. BABA is reportedly close to merging its South Korean operations with E-Mart Inc. in a deal valued ...

Shinsegae and Alibaba form joint venture to boost e-commerce competitiveness Retail titans join forces to enhance online ...

Alibaba has agreed to sell its entire stake in China’s largest hypermarket operator at a steep discount, as it sharpens its focus on core ecommerce operations amid intensifying competition.

Alibaba Group has agreed to sell its shares in a Chinese hypermarket operator in a $1.7 billion deal, the latest divestment as part of the company's efforts to focus on its core e-commerce business.

Alibaba Group Holding Ltd. agreed to sell its shares in Sun Art Retail Group Ltd. to private equity firm DCP Capital, ...

Chinese e-commerce major Alibaba Group has agreed to divest its interest in the Sun Art Retail Group, a hypermarket operator, to Paragon Shine for K$12.29bn ($1.58bn). The buyer is an exempt ...

Alibaba Cloud, the Chinese e-commerce firm’s cloud computing division, said Tuesday it’s cutting prices on its visual language model Qwen-VL by up to 85%. The move is a demonstration of how ...