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Podcast: The John Johnston Lounge
Episode: Why Alibaba is Scrapping Cainiao IPO | BABA Stock
Description: I report and discuss the latest Alibaba stock news that Alibaba is scrapping the previously planned IPO of its large logistics unit Cainiao, and is planning to acquire the remaining stake it does not own. See below timestamps:00:14 Cainiao IPO withdrawal and share acquisition news01:46 Recent BABA stock price action02:40 Investing for strategic growth 08:15 Cainiao segment financial results - revenue growth09:07 Mainstream financial media take on the newsRelated episodes:Alibaba Stock: Is The Bottom In? Chairman Joe Tsai Interview! https://youtu.b...