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Sun Art Retail Group Ltd

Alibaba goes offline with $2.9 billion stake in China's top grocer

Alibaba goes offline with $2.9 billion stake in China's top grocer

Mon, Nov 20, 2017

Internet giant Alibaba Group Holding Ltd said on Monday it would invest HK$22.4 billion ($2.87 billion) for a major stake in China`s top hypermart operator, Sun Art Retail Group Ltd, part of a wider push into offline retail.

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