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Ryan Cohen Takes Stake In Alibaba — Nudges Board To Boost Share Buybacks By Another $20B: WSJ

Benzinga

Activist investor Ryan Cohen has reportedly acquired a stake in Chinese e-commerce giant Alibaba Group Holding Ltd. NYSE: BABA ) worth hundreds of millions of dollars and is privately nudging the company to hasten its share-repurchase program. Full story available on Benzinga.com.

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Alibaba Plans To Split Into Six Business Groups, Explore IPOs

Law 360 M&A

Chinese e-commerce giant Alibaba Group Holding Ltd. announced a reorganization plan on Monday that will split the company into six groups, most of which will be able to raise fresh capital through initial public offerings, part of a major overhaul.

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iPhone Pro Shipments May Miss Consensus, Tesla Rival Charts Ambitious Expansion Plan In Mexico, Amazon Cloud Unit To Add More Employees: Top Stories Wednesday, Nov. 30

Benzinga

BYD Company Limited (OTC: BYDDY ) (OTC: BYDDF ) is flexing its muscles in international waters, with the Warren Buffett- backed Chinese electric vehicle maker eyeing a strong presence in the North American country of Mexico. China Taps Alibaba, Tencent To Beat US Sanctions. Financial Times. Arm, headquartered in the U.K. sanctions.

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How low will the former Chinese highflyer, Alibaba, go?

Valutico

Alibaba Group Holding Ltd. About Alibaba. Alibaba is a Chinese technology company, participating in the local and international e-commerce, cloud and the digital media markets. We included companies like Tencent, Amazon, Ebay and JD.com in our peer group. Link to detailed valuation.

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Chindata Potentially Up for Sale as M&A Heats Up in China Data Centers

Benzinga

Just weeks after VNET (NASDAQ: VNET ) received an unsolicited buyout offer, its smaller but more highly valued peer Chindata Group Holdings Ltd. The report noted that Chindata was never formally put up for sale, even though these three potential bids show that buyers sense the company could be ripe for a purchase.

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