JD.com wins years-long lawsuit over monopoly practices against AlibabaPower your fashion business decisions. Unlock exclusive news, data, and expert insights by subscribing today.Email addressContinueOR CONTINUE WITHGoogleLinkedInAlibabaJD.comRelated NewsBusinessMemberAlibaba sells majority share in Sun Art Retail Group Chinese marketplace giant Alibaba has announced the sale of over 7.5 billion shares in the Sun Art Retail Group Limited, offloading its 78.7 percent stake in the retail chain. Alibaba Subsidiaries and New Retail entered into a sale and purchase agreement with the purchaser, DCP Capital, at a total consideration of around 12.3 billion Hong Kong...Jan 2, 2025BusinessMemberKorea’s Shinsegae partners with China's Alibaba Group Korean departmental stores chain Shinsegae has formed a strategic partnership with China’s Alibaba Group, to strengthen its position in South Korea’s e-commerce market. According to the Reuters report, the company said in a regulatory filing that the joint venture will be formed partly by Shinsegae investing its 100 percent stake in South Korean...Dec 27, 2024BusinessMember China's Alibaba says to sell department store arm for 1.3 billion dollars lossChina's Alibaba said Tuesday that it had agreed to sell department store chain Intime at a $1.3 billion loss, as the tech giant trims down its operations with competition intensifying in the country's cutthroat e-commerce market. Alibaba said in a statement to the Hong Kong Stock Exchange that Intime would be sold to "a consortium of purchasers...Dec 17, 2024