Ang platform na tulad ng Twitter ng China na Weibo ay inihayag na plano nitong mag-isyu ng 11 milyong namamahagi sa buong mundo sa pamamagitan ng IPO nito sa Hong Kong, kasama ang 5.5 milyong bagong pagbabahagi at 5.5 milyong pagbabahagi ng benta.
Weibo, platform seperti Twitter China, mengumumkan rancangan untuk menerbitkan 11 juta saham di seluruh dunia melalui IPO di Hong Kong, termasuk 5.5 juta saham baru dan 5.5 juta saham yang dijual.
Weibo, platform mirip Twitter di China, mengumumkan rencana untuk menerbitkan 11 juta saham di seluruh dunia, termasuk 5,5 juta saham baru dan 5,5 juta saham penjualan, melalui IPO di Hong Kong.
Shanghai Dazhong Public Utilities (Group) Co., Ltd. announced on Wednesday that Dazhong Chuxing plans to increase capital, enlarge shares and attract a new investor – Alibaba.
Alibaba Cloud announced on Tuesday that it will further bolster its Asia-Pacific footprint and will set up two new cloud data centers in South Korea and Thailand.
Alibaba-backed autonomous driving firm AutoX now operates China’s largest service area for fully driverless Robotaxis, spanning 65 square miles of Shenzhen, China’s leading tech hub located in the southern province of Guangdong.
“There are two 18-year-olds, one in China, the other in the United States, both poor and short on prospects. You have to pick the one with the better chance at upward mobility. Which would you choose?”
Alibaba's office software DingTalk has recently set up an Audio and Video Division which will include a specialized audio laboratory in the division. The new division of the company will be led by acoustic expert Feng Jinwei.
This round of finaning was led by Alibaba Health and followed by Ether Capital. China Renaissance acted as the exclusive financial adviser to the deal.
Chinese mobile travel platform Hello Inc. announced the completion of a new round of financing of $280 million on Tuesday, led by Ant Group and Alibaba.
On Monday, the Alibaba DAMO Academy announced the latest development of a multi-modal large model M6, whose parameters have jumped from 1 trillion to 10 trillion.
Yu Yongfu, the newly appointed CEO of Alibaba’s Local Life department after the company's recent sexual harassment scandal, is gearing up for a major organizational reshuffle.
