Alibaba Group Holding Ltd.

Broker's Calls

954 Brokers' Digest

Alibaba
Price target:
UOB Kay Hian “buy” US$311

IPO

GIC plans to invest over US$1 bil in Ant's IPO

Singapore’s sovereign wealth fund GIC Pte plans to invest more than US$1 billion ($1.36 billion) in Ant Group’s mega initial public offering as early investors look for a bigger slice of the Chines

Singapore economy

Why Singapore must be pleased to see Chinese tech giants coming to the city with investment plans worth billions of dollars

The more desperately Chinese firms seek a haven for their international operations, the more they’ll lean toward Singapore. Will their love be reciprocated? 

Tech

Alibaba's Cainiao strengthens last mile network in Singapore, shortens delivery time for cross border parcels

Alibaba’s logistics arm Cainiao Network says it has expanded its last mile network in Singapore on September 16.

Disruption and Digitalisation

Alibaba said to invest US$3 bil in Grab

Alibaba Group Holding Ltd. is in talks to invest US$3 billion ($4.10 billion) into Southeast Asian ride-hailing giant Grab Holdings Inc., according to people familiar with the matter.

Singapore economy

Alibaba helps malls in Asia go online after Covid-19 clobbers retail

(July 15): Clobbered by the crushing effects of the coronavirus pandemic, thousands of retailers from Bangkok to Singapore have rushed to set up online shops on big e-commerce platforms to stay afl

Startups, Entrepreneurs, Digital economy

Alibaba bets on Frenchman to lead high-stakes Southeast Asia expansion

(Mar 4): In December, Alibaba Group Holding Ltd. put Pierre Poignant in charge of Lazada, the subsidiary spearheading the Chinese e-commerce giant’s high-stakes Southeast Asia expansion. The choice

Tech

China’s web giants expected to post sales growth above 40%

HONG KONG (May 17): China’s internet titans are set to supply ample evidence that online spending continues to defy a slowdown in the world’s second largest economy.

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