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Filing: Alibaba calls off a Hong Kong IPO for its Cainiao logistics arm, and now plans to buy out all remaining stock held by investors and employees


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2024-03-26 11:47:17
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Cybersecurity Business

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Pei Li / Bloomberg:

Filing: Alibaba calls off a Hong Kong IPO for its Cainiao logistics arm, and now plans to buy out all remaining stock held by investors and employees for $3.75B  —  - The company is raising capital through other avenues now  — The move follows the surprise retreat from a cloud arm listing




Pei Li / Bloomberg:

Filing: Alibaba calls off a Hong Kong IPO for its Cainiao logistics arm, and now plans to buy out all remaining stock held by investors and employees for $3.75B  —  - The company is raising capital through other avenues now  — The move follows the surprise retreat from a cloud arm listing



Source: TechMeme
Source Link: http://www.techmeme.com/240326/p12#a240326p12


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