bullish
Alibaba’s Cainiao IPO: The First Look
918 Views21 Jun 2023 21:43
Alibaba aims to complete the Cainiao IPO in the next 12 to 18 months. In this note, we look at the fundamentals and basis for the rumoured US$20bn valuation.
Boomeranged on Tue, 26 Sep 2023 21:58
Alibaba has submitted a listing plan to HKEx to spin-off Cainiao. After the spin-off, Alibaba will hold over 50% of outstanding shares. The share sale could raise at least US$1 billion.
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