Published • loading... • Updated
Alibaba Cashes Out 3.4 Billion Yuan by Reducing Its Holdings; Total Reductions in Holdings over the Past Two Years Exceed 20 Billion Yuan.
Summary by 大纪元 Epoch Times
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.2 Articles
2 Articles
Alibaba sold its stake in delivery giant ZTO Express for approximately $500 million. Over the past two years, its asset sales have exceeded 20 billion yuan, as it scales back non-core businesses while accelerating its investment in AI and cloud computing.
Alibaba has reduced its holdings by over 20 billion yuan in two years and invested the proceeds in AI. The photo shows the company logo outside Alibaba's Beijing office on April 1, 2026. (WANG Zhao / AFP via Getty Images)
·New York, United States
Read Full ArticleCoverage Details
Total News Sources2
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
