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Alibaba Group will spend $3.6 billion to take control of Chinese supermarket giant Sun Art – TechCrunch

Alibaba Group said today it is going to spend about $3.6 billion to take a controlling stake in Solar Artwork, one in every of China’s largest big-box and grocery store chains. After the transaction is full, Alibaba Group will personal 72% of Solar Artwork. As in different nations, COVID-19 lockdowns elevated demand for on-line meals […]

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