The federal government is all set to close the operations of Utility Stores Corporation of Pakistan, and has formed a Cabinet Committee to finalise its recommendations within seven days in this regard ...
to private equity firm DCP Capital, unloading another high-profile physical commerce asset at a discount to focus on its core online business. China’s e-commerce pioneer expects gross proceeds ...
Alibaba has agreed to sell its entire stake in China’s largest hypermarket operator at a steep discount, as it sharpens its focus on core ecommerce operations amid intensifying competition.