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Alibaba Takes on Walmart in China With $3.6 Billion Investment in Hypermarket Chain

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Alibaba Takes on Walmart in China With $3.6 Billion Investment in Hypermarket Chain

Postby smix » Wed Oct 21, 2020 2:30 am

Alibaba Takes on Walmart in China With $3.6 Billion Investment in Hypermarket Chain
Wall Street Journal

URL: https://www.wsj.com/articles/alibaba-ta ... 1603107669
Category: businessNews
Published: Mon, 19 Oct 2020 07:41:00 -0400

Description: The e-commerce giant plans to double its stake in Sun Art Retail Group, which operates more than 480 supermarket-department stores in China under the RT-Mart and Auchan brands.
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