{"id":893224,"date":"2025-01-06T10:51:57","date_gmt":"2025-01-06T05:21:57","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=893224"},"modified":"2025-01-06T10:51:57","modified_gmt":"2025-01-06T05:21:57","slug":"alibabas-been-cramming-in-the-deals-over-the-holiday-season","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/01\/06\/alibabas-been-cramming-in-the-deals-over-the-holiday-season\/","title":{"rendered":"Alibaba\u2019s Been Cramming in the Deals Over the Holiday Season"},"content":{"rendered":"<p>(Bloomberg) &#8212; While many consumers load up on goods in the holidays, Alibaba Group Holding Ltd. has been busy selling assets, even if it means taking a loss. <\/p>\n<p>The Chinese tech firm kicked off 2025 by announcing the sale of its more than 70% stake in hypermarket chain Sun Art Retail Group Ltd. at a big discount to its $3 billion value. A couple of weeks earlier, it agreed to sell department store business Intime Retail Group Co. at a loss of $1.3 billion. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) &#8212; While many consumers load up on goods in the holidays, Alibaba Group Holding Ltd. has been busy selling assets, even if it means taking a loss. The Chinese tech firm kicked off 2025 by announcing the sale of its more than 70% stake in hypermarket chain Sun Art Retail Group Ltd. at a big discount to its $3 billion value. A couple of weeks earlier, it agreed to sell department store business Intime Retail Group Co. at a loss of $1.3 billion.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-893224","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/893224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=893224"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/893224\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=893224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=893224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=893224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}