Alibaba Stock: CEO Quits! George Soros Buys BABA Stock

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.