Tianmo Hypersonic March 28, 2023 Share March 28, 2023 (edited) Watch out guys. https://www.reuters.com/markets/deals/alibaba-splits-into-six-units-that-may-pursue-individual-ipos-bloomberg-news-2023-03-28/#:~:text=The six units will include,Digital Media and Entertainment Group. CNBC has more detail of the 6 units. https://www.cnbc.com/2023/03/28/alibaba-says-it-will-split-into-6-units-that-can-raise-funds-and-ipo.html Edited March 28, 2023 by Tianmo ↡ Advertisement 3 1 1 Link to post Share on other sites More sharing options...
inlinesix Hypersonic March 28, 2023 Share March 28, 2023 Don't know how CNBC get this part "The exception is the Taobao Tmall Commerce Group, which will remain wholly-owned by Alibaba." Daniel Zhang letter in mandarin https://www.yicai.com/news/101714536.html 1 Link to post Share on other sites More sharing options...
Watwheels Supersonic March 28, 2023 Share March 28, 2023 Simi LJ is “1+6+N” ?? Limpeh maths fail. Link to post Share on other sites More sharing options...
Lala81 Hypersonic March 28, 2023 Share March 28, 2023 This company gave me a lot of losses. Lol. 2 Link to post Share on other sites More sharing options...
inlinesix Hypersonic March 28, 2023 Share March 28, 2023 On 3/28/2023 at 7:52 PM, Watwheels said: Simi LJ is “1+6+N” ?? Limpeh maths fail. Alibaba + Cloud, Tmail, local services, Cainiao, Global Digital, Digital Media + N less possiblity 2 Link to post Share on other sites More sharing options...
t0y0ta Supercharged March 29, 2023 Share March 29, 2023 BTW existing share holders (either of the HKSE or the NASDAQ lists) - what is the plan? Do they have to get cashed out, or will they receive new shares of the 6 units? Link to post Share on other sites More sharing options...
inlinesix Hypersonic March 29, 2023 Share March 29, 2023 It looks like listco will cease to be an operating entity and become an investment holding company. All 6 newco will issue shares to listco. ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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