Another Chinese developer defaults. The new U.S. government should abandon Trump’s "misguided policies," China’s top diplomat urges

Internet giant takes over Sun Art, which has 14% share of competitive market

Digital stores for nearly 500 Auchan, RT-Mart outlets to go live by year-end


Tencent, JD.com sign deals to expand brick-and-mortar endeavors

E-commerce leader’s CEO gets chairman spot at Sun Art two months after major investment

Purchase of 36% of hypermarket operator Sun Art is part of e-commerce giant’s broader vision of future online-offline shopping landscape