Monday, October 19, 2020

Alibaba invests $3.6 billion in hypermarket chain Sun Art

Alibaba Group Holdings said on Monday it will invest $3.6 billion to boost its stake in hypermarket operator Sun Art Retail Group Ltd, gaining further ground in China's retail market.

from Gadgets Now https://ift.tt/3o4kLLf

No comments:

Post a Comment

Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...