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Alibaba completes full acquisition of Cainiao’s minority shares, implements employee exit plan · TechNode

Summary by TechNode
Cainiao, Alibaba’s logistics arm, announced Feb. 27 that Alibaba Group has fully acquired the remaining shares held by Cainiao’s minority shareholders. In addition, the company introduced a comprehensive exit plan for employees’ stock options. Under the new plan, employee stock options will be converted into long-term cash incentives rather than a one-time buyout. The buyout price for the options is set at 62 cents per option. For example, an em…

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TechNodeTechNode

Alibaba completes full acquisition of Cainiao’s minority shares, implements employee exit plan · TechNode

Cainiao, Alibaba’s logistics arm, announced Feb. 27 that Alibaba Group has fully acquired the remaining shares held by Cainiao’s minority shareholders. In addition, the company introduced a comprehensive exit plan for employees’ stock options. Under the new plan, employee stock options will be converted into long-term cash incentives rather than a one-time buyout. The buyout price for the options is set at 62 cents per option. For example, an em…

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MingtiandiMingtiandi

Alibaba Announces Plans to Invest $53B in AI Infrastructure - Mingtiandi

Alibaba Group plans to invest more than RMB 380 billion ( $53 billion) to develop its cloud computing and artificial intelligence infrastructure over the next three years, marking the largest such commitment ever by a Chinese private company. The Chinese... Read More>> The post Alibaba Announces Plans to Invest $53B in Infrastructure to Meet AI Demand appeared first on Mingtiandi.

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Business MattersBusiness Matters

Alibaba commits $50bn to AI and cloud amid Jack Ma’s return to the spotlight

Alibaba, the Chinese tech conglomerate, has announced a colossal 380 billion yuan (£41.5 billion) investment in artificial intelligence and cloud computing over the next three years. The news follows the public rehabilitation of the firm’s founder Jack Ma, who recently re-emerged alongside President Xi Jinping and other tech leaders at a high-profile summit in China. Ma, once feted as the face of Chinese entrepreneurship, fell out of favour with…

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Business Matters broke the news in on Thursday, February 27, 2025.
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