March 26 (Reuters) - Alibaba Group (9988.HK), opens new tab said on Tuesday it was offering to buy the 36% of Cainiao it does not already own for up to $3. ... which holds a stake of around 64% ...
Chinese e-commerce giant Alibaba Group staged its second highest quarterly buyback on record, spending $4.8 billion on shares in the first three months of 2024, as its stock neared multiyear lows.
Alibaba has been grappling with how to make its global marketplaces such as AliExpress and Lazada more competitive ... and it could give Alibaba a leg-up when it comes to this overseas battle ...
Alibaba, which holds around 64% stake in Cainiao, said it is offering to acquire the remaining stock for up to $3.75 billion. The e-commerce giant had in September last year kicked off its ...
XPeng’s stock fell sharply in Hong Kong as Alibaba sold more shares in the electric-vehicle maker, potentially divesting itself of noncore assets. Shares of XPeng fell as much as 8.0% early ...
Alibaba to Buy Cainiao Stake for up to $3.75 Billion as It Drops IPO Plan By Casey Hall and Rishav Chatterjee (Reuters) -Alibaba Group said on Tuesday it was offering to buy the 36% of Cainiao it ...
(Reuters) -Alibaba Group said on Tuesday its logistics unit, Cainiao Smart Logistics Network, has withdrawn its initial public offering and listing application on the Hong Kong Stock Exchange.
SHANGHAI : Alibaba Group said on Tuesday it was offering to buy the 36 per cent of Cainiao it does not already own for up to $3.75 billion ... which holds a stake of around 64 per cent in Cainiao ...
Alibaba Group Holding Ltd. BABA-N said on Tuesday it was offering to buy the 36 per cent of Cainiao it does not already own for up to US$3.75 ... which holds a stake of around 64 per cent in ...