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Alibaba-controlled hypermarket operator Sun Art appoints new CEO amid restructuring and rising competition
28 Mar 2024 13:06 GMT
Sun Art Retail Group, controlled by Alibaba Group … this week cancelled the planned IPO of its logistics unit Cainiao …
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Freshippo Set To Complete IPO Within 1 Year
24 May 2023 06:25 GMT
Recently, Freshippo (also known as Hema Fresh) has signed strategic cooperation agreements with 13 world-renowned retail groups, international brands, global associations and consulting firms in Shanghai. The purpose of these agreements is to expedite …
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Alibaba considers divesting from Intime, Freshippo, and RT-Mart to refocus on e-commerce
07 Feb 2024 01:45 GMT
… by heightened regulatory scrutiny over IPOs in local capital markets, ostensibly … acquire a controlling stake in Sun Art Retail Group, the operator of RT … results. According to China Entrepreneur, Sun Art Retail Group recorded RMB 83.6 …
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Alibaba Said to Weigh Sale of Mall Chain in Latest Overhaul Step
01 Feb 2024 06:54 GMT
… physical commerce. From hypermart operator Sun Art Retail Group Ltd. to electronics retailer … progress after filing for an IPO of its Cainiao logistics division …
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After years in prison, China grocery tycoon weighs twin IPOs
07 Jun 2021 06:55 GMT
… as $1 billion in an IPO in Hong Kong for WM … .9% and the Alibaba-backed Sun Art Retail Group, which leads with a … makes the timing of the IPOs crucial. Its liabilities-to-assets …
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Alibaba showcases business-friendly Beijing policy
29 Mar 2023 23:00 GMT
… its smaller subsidiaries, including AliHealth, Sun Art Retail Group, Intime Retail (Group) Co … the planned US$37 billion IPO of Alibaba’s Ant Group … the scrapping of Ant’s IPO plan was a political decision …
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Fiscal 2022: A Year to Move on From Alibaba
25 Jun 2022 13:04 GMT
… like cloud computing. Since its IPO in 2014, the company has … its acquisition of supermarket chain Sun Art Retail. Further, Ant Group, Alibaba… suspend its plans for an IPO in 2020. Even the revenue …
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After $260 billion slide, Alibaba aims to show the worst is over
12 May 2021 01:42 GMT
… December -- when its record initial public offering was called off as regulatory … and investment in hypermart operator Sun Art Retail Group Ltd. In the worst …
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The importance of "omnichannel" strategies
13 Mar 2021 00:00 GMT
… ’s largest big-box retailer, Sun Art Retail Group, a big rival to … platform that may launch an initial public offering this year valuing it at …
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Business Maverick: Alibaba Faces Investors After Crackdown on Jack Ma’s Empire
30 Jan 2021 02:58 GMT
… Ant Group Co.’s record initial public offering, then launched a probe into … on stakes in hypermart operator Sun Art Retail Group Ltd. and NetEase Inc …