Tag
#alibaba
6 articles
Softbank Is Getting Out Of China
SoftBank is taking steps to reduce its remaining stake in Alibaba, limiting its exposure to the Chinese market and raising funds due to the declining value of its technology investments amidst the market downturn.
17 Oct 2023
Alibaba Announces Major Restructuring Plans
On Tuesday, Alibaba Group announced its plans to divide into six units, with most of them seeking fundraisings or listings, in its largest restructuring in its 24-year history
31 Mar 2023
Chinese Firms Audits
U.S. officials have begun scrutinizing audits conducted in China, starting a process that will take many months and determine whether companies like Yum China and Alibaba can continue to trade on American stock exchanges.
29 Sept 2022
SoftBank Is Cutting Its Alibaba Stake
SoftBank Group Corp is set to reduce its holding in Chinese e-commerce giant Alibaba, according to an analyst, as the Japanese tech titan focusses on unlisted companies and repurchases its shares. In the last quarter, SoftBank sold 20 million Alibaba shares and could sell even more shares in 2022.
02 Mar 2022
Invest In China? Today?
The Chinese Government has taken extraordinary measures to keep its tech giants in check. It started with Alibaba and Jack Ma and has now expanded to Tencent, DiDi, Meituan and many other tech leaders.
01 Aug 2021
China's Tech Play
China’s technology stocks have been pressured by political hurdles as the governing party tries to reign in the power of its own tech giants. As a result, companies such as Alibaba, Baidu and Tencent are trading at historically low multiples and at lower levels than before the pandemic struck.
30 Jun 2021
