News Snapshot:
An employee of Sun Art Retail Group's RT-Mart in Henan Province. Sun Art is among China's largest offline hypermarket operators, with 486 outlets in the country. © AP NIKKI SUN, Nikki staff writer October 19, 2020 11:39 JST | China Copy Copied HONG KONG -- Alibaba Group Holding, China's largest e-commerce company, will take control of domestic hypermarket chain Sun Art Retail Group from its French owner, doubling down on the country's grocery business, which has surged during the coronavirus pandemic. Alibaba will purchase a 70.94% stake in A-RT Retail, which controls 51% equity interest in Sun Art, from Auchan...
