What Happen to Alibaba share price ? Cheaper than IPO price

[gingerlyn]

Has Temasek just sold Alibaba shares? Sell Low buy high policy ?

 

[gingerlyn]

Why China communist terrorists never take this opportunity to buy their own cheap shares ?

 

[countryman]

Not only Alibaba, almost every other counter in Dow n Nasdaq has plunged tremendously since 2021....

 

[syed putra]

D9ntch worry. Chinese sre shrewd and astute businessmen. Born capitalist.

 

[laksaboy]

Not only Alibaba, almost every other counter in Dow n Nasdaq has plunged tremendously since 2021....

Serves them right for letting China join the WTO in 2001. You made a deal with the devil, you prospered for a while. Now it's time to pay everything back.

 

[Chase]

softbank in trouble. They sold a lot of Alibaba shares, causing the price to collapse. They have not done offloading. Some people also said that Softbank got a breather with the 30% yen crash this year because their yen debts are cheaper now.


The SoftBank Group has sold a sizable number of the shares it holds in Chinese internet giant Alibaba, removing Alibaba from its status as an equity-method subsidiary.
https://www.nippon.com/en/japan-topics/g02200/

 

[Scrooball (clone)]

This stock sinking like a boat anchored with rocks. If what I see is true, it’s gonna get worse when the property bubble finally burst for real. Just the tip of iceberg here for now.

 

[eatshitndie]

both jerk ma and puny ma crying mama right now.

 

[laksaboy]

Ant Unveils Singapore Digital Bank in Southeast Asian Push​

June 6, 2022
https://www.bloomberg.com/news/arti...apore-digital-bank-in-overseas-expansion-push

Ant Group wins Singapore digital wholesale banking licence​

Dec 4, 2020
https://www.scmp.com/business/banki...s-singapore-digital-wholesale-banking-licence


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Take note of the time gap between the two.

 

[CoffeeAhSoh]

FREE ARTICLE Join Over 1 Million Premium Members And Get More In-Depth Stock Guidance and Research

If You Invested $10,000 in Alibaba's IPO, This Is How Much Money You'd Have Now​

By Leo Sun – Dec 4, 2019 at 8:16AM
You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The Chinese tech giant nearly tripled in value over the past five years.​

Alibaba (BABA -3.19%) is currently China's largest e-commerce, cloud, and digital advertising company, but the tech giant had humble beginnings. Jack Ma, who started his career as an English teacher, founded the company with a team of 17 friends in his Hangzhou apartment 20 years ago.
Its first site, Alibaba.com, was a business-to-business marketplace that let Chinese companies export their products overseas. Its growth led to the launch of Taobao, a consumer-to-consumer marketplace for Chinese shoppers, in 2003. It expanded that ecosystem again with Taobao Mall (Tmall), a business-to-consumer spinoff of Taobao for bigger brands, in 2008.

IMAGE SOURCE: GETTY IMAGES.
Those three marketplaces still form the crux of Alibaba's core commerce business, which generated 85% of its revenue last quarter. Since the beginning of the new millennium, Alibaba has expanded its reach with its cloud platform, AI initiatives, streaming media platforms, and hardware devices. It also integrated the digital payments platform AliPay -- which was founded as a third-party service by Alibaba and Jack Ma -- into its e-commerce marketplaces.
Jack Ma stepped down as Alibaba's CEO in 2013, but remained the tech giant's public face throughout its IPO the following year. Alibaba finally went public at $68 per share on Sept. 14, 2014, and raised $25 billion -- making it the largest IPO in history. Let's see how much money you would have made with a $10,000 investment in that IPO.

 

[CoffeeAhSoh]

 

[CoffeeAhSoh]