comparemela.com

Intime Department News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Alibaba scraps Cainiao IPO plans, proposes acquisition: Poor market conditions

China’s e-commerce pioneer Alibaba Group Holding Ltd. decided to postpone the transaction because of poor market conditions.

India generalChina generalJoseph tsaiRaghuram rajanIntime departmentBytedance ltdCainiao smart logistics network ltdAlibaba groupAlibaba group holding ltdAlibaba group holdingSmart logistics network ltdWill indiaChairman joseph tsaiBloomberg newsInitial public offeringCainiao logistics arm

Alibaba calls off $1 billion IPO for Cainiao amid market slump

Alibaba, which is China’s e-commerce pioneer, has decided to postpone the transaction because of poor market conditions, sources told Bloomberg

China generalJoseph tsaiIntime departmentBytedance ltdCainiao smart logistics network ltdSmart logistics network ltdChairman joseph tsaiBloomberg newsCainiao ipo

Can Alibaba Grow Like It Used To In 2024?

For the December quarter, the Chinese e-commerce giant reported revenue grew just 5% year-over-year, while net income plunged 70%.

Hong kongNew yorkUnited statesWang xiaoyanJoe tsaiJack maColin huangCloud intelligence groupEverbright securities internationalChina alibaba group holdingIntime departmentResearch wangTmall groupAlibaba group holdingHong kong basedEverbright securities

Alibaba in no hurry to pursue IPOs, promises to reignite e-commerce unit

Shares in Alibaba fell almost 6% in U.S. trading after the Chinese company reported underwhelming quarterly revenue figures.

Hong kongChina generalJoe tsaiAlibaba taobaoEddie wuBytedance douyinTmall groupIntime department

Alibaba s $25bn buyback fails to assuage investors

The internet company’s board approved the expansion of an existing buyback program that was already among the country’s largest, encompassing about $9.5 billion last year alone.

China generalHong kongJack maCatherine limBytedance douyinEddie wuDaniel zhangKenneth fongIvy yangTaobao tmall groupIntime departmentNvidia corpGoldman sachs group ronald keungInternational commerceQ taobao tmall groupAlibaba group holding

vimarsana © 2020. All Rights Reserved.