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⏲ Duration: 0:47
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✓ Published: 23-May-2024
👁 View: 315K times
✓ Published: 23-May-2024
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Alibaba plans to raise nearly $5 billion through a convertible bond sale, following JD.com's similar move this week. The funds will support share repurchases and growth in commerce and cloud businesses amid ongoing market competition.
Alibaba plans to raise nearly $5 billion through a convertible bond sale, following JD.com's similar move this week. The funds will support share repurchases and growth in commerce and cloud businesses amid ongoing market competition.
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