BVTV: Alibaba's spinoff
October 4, 2023
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1:49Now PlayingBVTV: Alibaba's spinoff
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as posted by the channelOn Breakingviews: Alibaba’s logistics unit Cainiao’s name may mean ‘rookie’, but the group is profitable and weaning itself off dependence on its parent. A successful IPO valuing it at $10 billion would boost Hong Kong’s market.
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