BEIJING (Reuters) - 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.
Reuters: Business News, Reuters: Business
Sun, 11/19/2017 - 8:56pm
BEIJING (Reuters) - 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.