This Alibaba stock (BABA stock) update analyzes why Alibaba CEO Daniel Zhang has quit, just as he was about to transition to lead Alibaba Cloud ahead of its planned spinoff. Next we look at the news that the planned Freshippo IPO is being delayed, and the reason why. Finally, we examine the news that legendary investor George Soros has bought some BABA stock, and we look at which other super-investors currently own BABA stock.
Timestamps
00:00 Three Alibaba news highlights
00:19 Alibaba CEO Daniel Zhang steps down
03:28 Zhang Leaving Alibaba but not really
06:03 Why is Freshippo IPO is being delayed
07:21 How the BABA stock price has reacted
08:22 Investor George Soros buys Alibaba stock
11:34 Other super-investors who own BABA stock
Related episodes:
Alibaba Earnings - Return to Growth! | BABA Stock https://youtu.be/cxh_-fCWjxU
Alibaba Reveals Break-Up Plan | Big BABA Stock Upside https://youtu.be/spwgEGJlxmc
Alibaba Update: Cloud Spinoff & More Coming https://youtu.be/KBQBNM_-icI?si=8i7oVVANrZUH3yuI
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Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.