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4min chapter
BYD Earnings, Alibaba Pulls IPO
Bloomberg Daybreak: Asia Edition
Alibaba's Strategic Pivot: From IPOs to Core Businesses
The chapter explores Alibaba's decision to pull the IPO of their subsidiary Tynew and refocus on core businesses like e-commerce and cloud computing amidst market challenges. It analyzes the shift towards value creation through buybacks and the competitive landscape in e-commerce.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode