The plastic goods manufacturers have criticised the government's proposed plan to phase out the use of 17 types of plastic goods, arguing that it will severely impact the sector. The ban will have ...

US-based wholesale suppliers generally provide faster shipping (1-5 day delivery), easier returns, and stronger buyer protection compared to international options. Look for wholesale platforms ...

Alibaba sold its 73.66% stake in Sun Art to DCP Capital for US$1.6bn, reflecting a shift away from its New Retail strategy. The sale is positive as Sun Art faces a competitive offline retail ...

General Musa reviewed a cache of locally made arms and ammunition that were seized from the areas of operation by troops and expressed concerns on engaging the skills of manufacturers of such arms ...

Chinese tech giant Alibaba is lowering the price of its visual language AI model Qwen-VL by 85 per cent to 0.003 yuan per thousand input tokens. The e-commerce firm’s cloud computing arm, Alibaba ...

Customers shop inside an RT-Mart hypermarket operated by Sun Art Retail Group. Alibaba Group Holding has agreed to sell its controlling stake in Chinese hypermarket operator Sun Art for up to HK$ ...

DULUTH — Deb Manhart is good at pivoting. About 10 years ago, the Duluth resident had to stop working as a chef due to a hiking injury and constant flare-ups of her reflex sympathetic dystrophy.

Alibaba Group Holding Ltd. agreed to sell its shares in Sun Art Retail Group Ltd. to private equity firm DCP Capital, unloading another high-profile physical commerce asset at a discount to focus ...

Alibaba will incur about $3 billion of losses from the disposal of non-core retail assets including Sun Art, we calculate. The sale of the grocer at a 0.6x price-to-net asset valuation trails ...

Huaian, China - January 02, 2025 A RT-Mart store in Huaiyin district, Huai 'an city, Jiangsu province, China, Jan 2, 2025. I've worked at Costco for two decades... here are 10 items you need to ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Alibaba has agreed to sell its entire stake in China’s largest hypermarket operator at a steep discount ...

(Yicai) Jan. 2 -- Alibaba Group Holding is offloading its entire stake in Sun Art Retail, the operator of hypermarket chain RT-Mart, to Chinese private equity firm DCP Capital for HKD13.1 billion ...