Alibaba is considering convertible bond sales, following JD.com
Yahoo Finance - 2024-05-23T07:49:59.000Z

(Bloomberg) -- Alibaba Group Holding Ltd. is considering selling convertible bonds to raise about $5 billion, people familiar with the matter said, following a $1.75 billion offering by rival Chinese online retailer JD.com Inc. this week.Most Read from BloombergNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyThese Flight Routes Suffer the World’s Worst TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash CrashHarvard Defies Faculty Vote to Block 13 Students From...

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Alibaba's Hong Kong shares drop 5% after report of possible $5 billion convertible bond sale
Hong Kong-listed shares of Alibaba fell over 5% Thursday following a report that the Chinese tech giant is considering selling convertible bonds.
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Alibaba's AliExpress recruits Beckham to 'score more' global sales
AliExpress, an e-commerce site owned by Chinese giant Alibaba, has signed former England soccer captain David Beckham as a brand ambassador as it plays catch-up with rival PDD Holdings' Temu in a battle to sell cheap made-in-China goods to the world. A low-key cross-border player until recently, Alibaba is now investing aggressively to boost global sales as domestic e-commerce growth wanes. Its international division, which includes AliExpress, is its fastest growing unit with revenues surging...
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Champaign neighborhood bar for sale | Business | news-gazette.com
The 1,500-square-foot building has been listed by The Real Estate Group, Inc with a price of $500,000 and includes a "unique upstairs apartment."
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Alibaba's Hong Kong shares drop 5% after report of possible $5 billion convertible bond sale

Alibaba's AliExpress recruits Beckham to 'score more' global sales

Champaign neighborhood bar for sale | Business | news-gazette.com