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Alibaba refocuses on its e-commerce core after selling retail assets, aiming for growth amid increasing competition.
Alibaba divests from Sun Art for $1.7 billion as part of a strategy to concentrate on its core e-commerce and cloud computing operations.
Alibaba sells majority stake in Sun Art for $1.7 billion, gearing up to refocus on core e-commerce and cloud operations amidst economic challenges.
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