Alibaba sheds $20 billion in market value after scrapping plans to list its cloud business

November 17, 2023 admin-dominor

[ad_1]

Alibaba lost more than $21 billion in market cap off the back of its ill-fated cloud spinoff plans, according to CNBC calculations of data from FactSet.

[ad_2]

Source link

Online grocery startup Pricepally to expand in Nigeria backed by $1.3M funding | TechCrunch
After Erdogan photo, Germany captain Gundogan up for ‘special’ Turkey clash

You May Also Like

Flash floods foreshadow a threatening reality in New York City

Special counsel Jack Smith spent $5.4 million on Trump probes through March

Launch of new ETFs may not affect bitcoin the same way they did gold, Citi says. Here’s why