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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. ....

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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 ....

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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%. ....

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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. ....

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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. ....

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