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Lazada has raised multiple rounds of funding since its founding in 2012. In April 2016, Alibaba Group announced its intention to acquire a controlling stake in Lazada by paying $500 million for new shares, and buying $500 million worth of shares from existing investors. [37]
Ma backed up his call with his wallet, by reportedly buying $50 million worth of Alibaba shares in the last quarter of 2023. Tsai’s family office also bought an additional $150 million worth of ...
Alibaba Group Holding Limited, branded as Alibaba, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.Founded on 28 June 1999 in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer ...
Alibaba looks to raise $4.5 billion via a convertible bond offering to finance its share repurchases. Meanwhile, Chinese stocks are bearing the brunt of negative speculation of U.S. short sellers .
Jack Ma. Jack Ma Yun ( Chinese: 马云; pinyin: Mǎ Yún; born September 10, 1964) is a Chinese business magnate, investor and philanthropist. He is the co-founder of Alibaba Group, a multinational technology conglomerate. In addition, Ma is also the co-founder of Yunfeng Capital, a Chinese private equity firm. As of February 2024, with a net ...
On Wednesday, Alibaba reported underwhelming results for the last quarter of 2023, sending its U.S.-listed shares down by 5.9% despite a $25 billion share buyback program. Revenue at Alibaba's ...
Jack Ma has put off plans to sell hundreds of millions of dollars worth of Alibaba shares after the Chinese tech giant’s stock plummeted last week.
Shopee Japan Co., Ltd [2] Website. shopee .com. Shopee Pte. Ltd., under the trade name Shopee, is a Singaporean multinational technology company specialising in e-commerce. It is a subsidiary company of Sea Limited. It was launched in 2015 in Singapore, before its global expansion.