Tuesday, May 28, 2019

Sources: Alibaba is considering raising $20B via a second listing in Hong Kong, after raising a record-breaking $25B in its 2014 market debut on the NYSE (Bloomberg)

Bloomberg:
Sources: Alibaba is considering raising $20B via a second listing in Hong Kong, after raising a record-breaking $25B in its 2014 market debut on the NYSE  —  - It's said to be angling for Hong Kong in the second half  — The offering comes after the Hong Kong exchange relaxes rules



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...